6203 N Oakley Ave APT 3ChicagoIL60659
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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 6203 N Oakley Ave APT 3, Chicago, IL, 60659 earns $629/mo cash flow from $2,209/mo rent with a $1,115/mo payment. Total monthly income totals $2,209/mo, and annual cash flow totals $7,547/yr on $75,508 capital. ROI tracks 29.9% on current figures, and rental yield reads 11.64% at a $227,777 purchase. Equity gained on principal adds $1,470/yr, and 5% annual appreciation supports $62,931 over five years. Five-year ROI reaches 157.4% and total cumulative return in cash sums $118,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,209/mo property income instead of your personal income.
Condo
Built in 1928
7,500 sqft 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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