1531 W Fry St #2, Chicago, IL, 60642 | 7.91% Rental Yield

Off market

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

Investment property for sale in Chicago at 1531 W Fry St #2, Chicago, IL, 60642 offers a 7.91% rental yield on a $495,300 purchase with $3,264/mo rent. 44% in year one. Equity gained on principal adds $3,196/yr while 5% annual appreciation supports $136,842 over five years. Portfolio math shows five-year ROI at 86% and total cumulative return in cash at $141,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,264/mo property income against a $2,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Apartment

Built in 1879

3,750 sqft lot

$N/A/sqft

$304 monthly HOA