6841 N Northwest Hwy #3CChicagoIL60631
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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 6841 N Northwest Hwy #3C, Chicago, IL, 60631 earns $656/mo cash flow from $2,286/mo rent with a $1,150/mo payment. Total monthly income totals $2,286/mo, and annual cash flow totals $7,874/yr on $77,903 capital. ROI tracks 30.02% on current figures, and rental yield reads 11.67% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 158.08% and total cumulative return in cash sums $123,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,286/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60631, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,406 (100%) |
| Owner Occupied HU | 9,076 (73.2%) |
| Renter Occupied HU | 2,644 (21.3%) |
| Vacant Housing Units | 686 ( 5.5%) |
| Median Home Value | $436,712 |
| Average Home Value | $473,181 |
Housing Distribution
Address Breakdown
Residential
12,221
Single Family
8,726
Multi-Family
3,495
Businesses
1,037
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