6033 N Sheridan Rd APT 4GChicagoIL60660
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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
Rental property for sale in Chicago at 6033 N Sheridan Rd APT 4G, Chicago, IL, 60660 generates $3,245/mo in rent and, after a $1,128/mo payment, leaves $896/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $10,751/yr on $76,374 invested. Return on cash invested sits at 33.99% in year one, and rental yield is 16.9% on a $230,390 entry. Equity gained on principal adds $1,487/yr, while 5% annual appreciation builds toward $63,653 over five years. Five-year ROI reaches 183.59% and total cumulative return in cash sums $140,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.
Condo
Built in 1972
1.62 Acres lot
$N/A/sqft
$720 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60660, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,885 (100%) |
| Owner Occupied HU | 7,970 (33.4%) |
| Renter Occupied HU | 13,828 (57.9%) |
| Vacant Housing Units | 2,087 ( 8.7%) |
| Median Home Value | $351,807 |
| Average Home Value | $449,918 |
Housing Distribution
Address Breakdown
Residential
23,009
Single Family
2,575
Multi-Family
20,434
Businesses
813
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