500 W Superior St UNIT 802ChicagoIL60610
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chicago at 500 W Superior St UNIT 802, Chicago, IL, 60610 earns $1,252/mo cash flow from $4,672/mo rent with a $2,300/mo payment. Total monthly income totals $4,672/mo, and annual cash flow totals $15,021/yr on $155,805 capital. ROI tracks 29.55% on current figures, and rental yield reads 11.93% at a $470,000 purchase. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 over five years. Five-year ROI reaches 155.97% and total cumulative return in cash sums $243,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,672/mo property income instead of your personal income.
Condo
Built in 2005
2.17 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60610, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,859 (100%) |
| Owner Occupied HU | 9,258 (28.2%) |
| Renter Occupied HU | 19,303 (58.7%) |
| Vacant Housing Units | 4,298 (13.1%) |
| Median Home Value | $546,047 |
| Average Home Value | $676,055 |
Housing Distribution
Address Breakdown
Residential
30,994
Single Family
2,310
Multi-Family
28,684
Businesses
1,175
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