6442 N Leavitt St APT 2EChicagoIL60645
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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 6442 N Leavitt St APT 2E, Chicago, IL, 60645 listed at $256,800 pairs $2,482/mo rent with a $1,257/mo payment to leave $489/mo cash flow. Total monthly income runs $2,482/mo, and annual cash flow reaches $5,864/yr on $85,129 cash to close. Return on cash invested measures 26.8% in year one, and rental yield registers 11.6% at a $256,800 basis. Equity gained on principal adds $1,657/yr, and annual property appreciation at 5% supports $70,949 by year five. Five-year ROI tracks 141.86% and total cumulative return in cash totals $120,765. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,482/mo property income relative to a $1,257/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1921
0.26 Acres lot
$N/A/sqft
$212 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60645, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,428 (100%) |
| Owner Occupied HU | 8,171 (46.9%) |
| Renter Occupied HU | 8,122 (46.6%) |
| Vacant Housing Units | 1,135 ( 6.5%) |
| Median Home Value | $374,201 |
| Average Home Value | $427,363 |
Housing Distribution
Address Breakdown
Residential
16,940
Single Family
5,441
Multi-Family
11,499
Businesses
499
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