14521 S Michigan Ave,Riverdale,IL,60827

Investment Highlights

Rental property for sale in Riverdale at 14521 S Michigan Ave, Riverdale, IL, 60827 generates $1,397/mo in rent and, after a $979/mo payment, leaves $10/mo in cash flow. Total monthly income is $1,397/mo, and annual cash flow is $116/yr on $66,300 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 8.38% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 104.79% and total cumulative return in cash sums $69,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,397/mo property income rather than buyer’s personal income.