509 E 44th St APT 1ChicagoIL60653
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
Rental property for sale in Chicago at 509 E 44th St APT 1, Chicago, IL, 60653 generates $871/mo in rent, after a $563/mo payment. Total monthly income is $871/mo. Return on cash invested sits at 13.84% in year one, and rental yield is 9.09% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 74.41% and total cumulative return in cash sums $28,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $871/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$266 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Crump • Crump Realty Group, Inc
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12318913
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)