5555 N Cumberland Ave UNIT 605ChicagoIL60656
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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 5555 N Cumberland Ave UNIT 605, Chicago, IL, 60656 uses $108,566 cash to close to unlock $628/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $2,690/mo, and a $1,603/mo payment keeps the spread at $52/mo. Purchase price stands at $327,500, and rental yield measures 9.86% with $2,690/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $90,482 over five years. Five-year ROI reaches 108.41% and total cumulative return in cash records $117,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,690/mo property income covering a $1,603/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$366 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Laura Roach • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12360907
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)