6 E Monroe St APT 1403ChicagoIL60603
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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 6 E Monroe St APT 1403, Chicago, IL, 60603 earns $48/mo cash flow from $1,637/mo rent with a $1,121/mo payment. Total monthly income totals $1,637/mo, and annual cash flow totals $581/yr on $75,914 capital. ROI tracks 20.67% on current figures, and rental yield reads 8.58% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash sums $81,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,637/mo property income instead of your personal income.
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60603, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 348 (35.4%) |
| Renter Occupied HU | 409 (41.6%) |
| Vacant Housing Units | 227 (23.1%) |
| Median Home Value | $709,677 |
| Average Home Value | $894,217 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
3
Multi-Family
1,201
Businesses
1,142
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