UndisclosedChicagoIL60616
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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
Rental property for sale in Chicago at Undisclosed, Chicago, IL, 60616 offers $2,280/mo rent that, after a $5,183/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 2.66% in year one, and rental yield stands at 2.58% at a $1,059,000 entry. Equity gained on principal adds $6,834/yr while 5% annual appreciation compounds into $292,582 by year five. Five-year ROI records 11.22% and total cumulative return in cash reaches $38,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $5,183/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60616, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,617 (100%) |
| Owner Occupied HU | 8,535 (30.9%) |
| Renter Occupied HU | 16,441 (59.5%) |
| Vacant Housing Units | 2,641 ( 9.6%) |
| Median Home Value | $405,780 |
| Average Home Value | $465,159 |
Housing Distribution
Address Breakdown
Residential
23,897
Single Family
6,943
Multi-Family
16,954
Businesses
1,662
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