10013 S Merrill Ave,Chicago,IL,60617

Investment Highlights

Investment property for sale in Chicago at 10013 S Merrill Ave, Chicago, IL, 60617 listed at $229,500 pairs $1,599/mo rent with a $1,123/mo payment to leave $7/mo cash flow. Total monthly income runs $1,599/mo, and annual cash flow reaches $89/yr on $76,079 cash to close. Return on cash invested measures 20.03% in year one, and rental yield registers 8.36% at a $229,500 basis. Equity gained on principal adds $1,481/yr, and annual property appreciation at 5% supports $63,407 by year five. Five-year ROI tracks 104.49% and total cumulative return in cash totals $79,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,599/mo property income relative to a $1,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).