346 E 41st St APT 2,Chicago,IL,60653

Investment Highlights

Investment property for sale in Chicago at 346 E 41st St APT 2, Chicago, IL, 60653 listed at $109,900 pairs $876/mo rent with a $538/mo payment to leave $114/mo cash flow. Total monthly income runs $876/mo, and annual cash flow reaches $1,363/yr on $36,432 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 9.57% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 123.92% and total cumulative return in cash totals $45,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $876/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).