8 E Randolph St UNIT 3007ChicagoIL60601
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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 8 E Randolph St UNIT 3007, Chicago, IL, 60601 earns from $1,781/mo rent with a $1,273/mo payment. Total monthly income totals $1,781/mo. ROI tracks 19.59% on current figures, and rental yield reads 8.22% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $88,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,781/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60601, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,493 (100%) |
| Owner Occupied HU | 3,495 (28.0%) |
| Renter Occupied HU | 7,417 (59.4%) |
| Vacant Housing Units | 1,581 (12.7%) |
| Median Home Value | $592,502 |
| Average Home Value | $711,371 |
Housing Distribution
Address Breakdown
Residential
12,957
Single Family
49
Multi-Family
12,908
Businesses
1,752
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