6751 N Artesian Ave APT 2CChicagoIL60645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6751 N Artesian Ave APT 2C, Chicago, IL, 60645 generates $1,214/mo in rent and, after a $778/mo payment, leaves $111/mo in cash flow. Total monthly income is $1,214/mo, and annual cash flow is $1,336/yr on $52,709 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 9.16% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 117.45% and total cumulative return in cash sums $61,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,214/mo property income rather than buyer’s personal income.
Condo
Built in 1933
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices