5850 W 55th St APT 3FChicagoIL60638
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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 5850 W 55th St APT 3F, Chicago, IL, 60638 uses $46,079 cash to close to unlock $1,166/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,061/mo, and a $680/mo payment keeps the spread at $97/mo. Purchase price stands at $139,000, and rental yield measures 9.16% with $1,061/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash records $54,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,061/mo property income covering a $680/mo payment rather than investor’s personal income.
Apartment
Built in 1968
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60638, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,982 (100%) |
| Owner Occupied HU | 15,564 (74.2%) |
| Renter Occupied HU | 4,394 (20.9%) |
| Vacant Housing Units | 1,024 ( 4.9%) |
| Median Home Value | $296,615 |
| Average Home Value | $318,480 |
Housing Distribution
Address Breakdown
Residential
19,955
Single Family
17,141
Multi-Family
2,814
Businesses
1,519
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