847 W Ainslie St #3WChicagoIL60640
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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 847 W Ainslie St #3W, Chicago, IL, 60640 with 5% annual appreciation on a $603,000 basis while $3,931/mo rent supports operations. 54% in year one. Equity gained on principal adds $3,891/yr, and five-year appreciation sums $166,598 alongside rental yield of 7.82%. Five-year ROI measures 96.46% and total cumulative return in cash totals $191,358. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,931/mo property income versus a $2,951/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1913
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60640, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,511 (100%) |
| Owner Occupied HU | 11,891 (27.3%) |
| Renter Occupied HU | 27,557 (63.3%) |
| Vacant Housing Units | 4,063 ( 9.3%) |
| Median Home Value | $401,517 |
| Average Home Value | $482,067 |
Housing Distribution
Address Breakdown
Residential
38,789
Single Family
3,659
Multi-Family
35,130
Businesses
1,824
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