2320 E 103rd St,Chicago,IL,60617

Investment Highlights

Investment property for sale in Chicago at 2320 E 103rd St, Chicago, IL, 60617 listed at $194,700 pairs $2,348/mo rent with a $953/mo payment to leave $997/mo cash flow. Total monthly income runs $2,348/mo, and annual cash flow reaches $11,970/yr on $64,543 cash to close. Return on cash invested measures 38.45% in year one, and rental yield registers 14.47% at a $194,700 basis. Equity gained on principal adds $1,256/yr, and annual property appreciation at 5% supports $53,792 by year five. Five-year ROI tracks 203.29% and total cumulative return in cash totals $131,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,348/mo property income relative to a $953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).