3704 S King Dr APT 3C,Chicago,IL,60653

Investment Highlights

Investment property for sale in Chicago at 3704 S King Dr APT 3C, Chicago, IL, 60653 offers a 11.14% rental yield on a $219,900 purchase with $2,041/mo rent. Total monthly income registers $2,041/mo, and a $1,076/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,192/yr on $72,897 to close, and return on cash invested stands at 28.4% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 149.43% and total cumulative return in cash at $108,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,041/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.