1156 W Ohio St #2E, Chicago, IL, 60642 | 6.51% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chicago at 1156 W Ohio St #2E, Chicago, IL, 60642 generates $5,201/mo in rent, after a $4,694/mo payment. Total monthly income is $5,201/mo. Return on cash invested sits at 14.54% in year one, and rental yield is 6.51% on a $959,000 entry. Equity gained on principal adds $6,188/yr, while 5% annual appreciation builds toward $264,954 over five years. Five-year ROI reaches 75.02% and total cumulative return in cash sums $236,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,201/mo property income rather than buyer’s personal income.

Condo

Built in 2020

N/A lot

$N/A/sqft

No HOA