5704 N Artesian Ave #3NChicagoIL60659
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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 5704 N Artesian Ave #3N, Chicago, IL, 60659 listed at $235,000 pairs $2,086/mo rent with a $1,150/mo payment to leave $456/mo cash flow. Total monthly income runs $2,086/mo, and annual cash flow reaches $5,474/yr on $77,903 cash to close. Return on cash invested measures 26.94% in year one, and rental yield registers 10.65% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 141.57% and total cumulative return in cash totals $110,284. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,086/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60659, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 5,853 (39.5%) |
| Renter Occupied HU | 7,914 (53.4%) |
| Vacant Housing Units | 1,040 ( 7.0%) |
| Median Home Value | $425,080 |
| Average Home Value | $429,254 |
Housing Distribution
Address Breakdown
Residential
13,192
Single Family
4,774
Multi-Family
8,418
Businesses
1,440
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