5052 N Marine Dr #C4ChicagoIL60640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5052 N Marine Dr #C4, Chicago, IL, 60640 listed at $158,000 pairs $2,220/mo rent with a $773/mo payment to leave $574/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $6,893/yr on $52,377 cash to close. Return on cash invested measures 33.07% in year one, and rental yield registers 16.86% at a $158,000 basis. Equity gained on principal adds $1,020/yr, and annual property appreciation at 5% supports $43,652 by year five. Five-year ROI tracks 179.02% and total cumulative return in cash totals $93,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1939
1.86 Acres lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60640, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,511 (100%) |
| Owner Occupied HU | 11,891 (27.3%) |
| Renter Occupied HU | 27,557 (63.3%) |
| Vacant Housing Units | 4,063 ( 9.3%) |
| Median Home Value | $401,517 |
| Average Home Value | $482,067 |
Housing Distribution
Address Breakdown
Residential
38,789
Single Family
3,659
Multi-Family
35,130
Businesses
1,824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices