60 E Monroe St UNIT 2205ChicagoIL60603
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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 60 E Monroe St UNIT 2205, Chicago, IL, 60603 earns $141/mo cash flow from $3,040/mo rent with a $2,046/mo payment. Total monthly income totals $3,040/mo, and annual cash flow totals $1,687/yr on $138,567 capital. ROI tracks 21.13% on current figures, and rental yield reads 8.73% at a $418,000 purchase. Equity gained on principal adds $2,697/yr, and 5% annual appreciation supports $115,486 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $152,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,040/mo property income instead of your personal income.
Condo
Built in 2009
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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