3035 Paris Ave APT 305,River Grove,IL,60171

Investment Highlights

Investment property for sale in River Grove at 3035 Paris Ave APT 305, River Grove, IL, 60171 listed at $254,900 pairs $2,520/mo rent with a $1,248/mo payment to leave $752/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $9,019/yr on $84,499 cash to close. Return on cash invested measures 30.58% in year one, and rental yield registers 11.86% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 161.07% and total cumulative return in cash totals $136,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).