2623 E 109th St, Chicago, IL, 60617 | $186/mo Cash Flow

For Sale

Rental Income

Listed for sale 2 days ago

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 2623 E 109th St, Chicago, IL, 60617 uses $82,875 cash to close to unlock $2,227/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,224/mo payment keeps the spread at $186/mo. Purchase price stands at $250,000, and rental yield measures 9.22% with $1,920/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash records $98,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Single Family

Built in N/A

3,125 sqft lot

$N/A/sqft

No HOA