5340 N Lowell Ave APT 208ChicagoIL60630
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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 5340 N Lowell Ave APT 208, Chicago, IL, 60630 listed at $424,000 pairs $3,064/mo rent with a $2,075/mo payment to leave $123/mo cash flow. Total monthly income runs $3,064/mo, and annual cash flow reaches $1,480/yr on $140,556 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 8.67% at a $424,000 basis. Equity gained on principal adds $2,736/yr, and annual property appreciation at 5% supports $117,143 by year five. Five-year ROI tracks 109.48% and total cumulative return in cash totals $153,879. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,064/mo property income relative to a $2,075/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60630, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,617 (100%) |
| Owner Occupied HU | 13,462 (59.5%) |
| Renter Occupied HU | 7,730 (34.2%) |
| Vacant Housing Units | 1,425 ( 6.3%) |
| Median Home Value | $380,127 |
| Average Home Value | $414,962 |
Housing Distribution
Address Breakdown
Residential
19,779
Single Family
14,584
Multi-Family
5,195
Businesses
1,290
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