14233 S Wallace Ave,Riverdale,IL,60827

Investment Highlights

Investment property for sale in Riverdale at 14233 S Wallace Ave, Riverdale, IL, 60827 listed at $137,500 pairs $1,055/mo rent with a $673/mo payment to leave $101/mo cash flow. Total monthly income runs $1,055/mo, and annual cash flow reaches $1,215/yr on $45,581 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 9.21% at a $137,500 basis. Equity gained on principal adds $887/yr, and annual property appreciation at 5% supports $37,989 by year five. Five-year ROI tracks 118.22% and total cumulative return in cash totals $53,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,055/mo property income relative to a $673/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).