3922 S King Dr #1SChicagoIL60653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Chicago at 3922 S King Dr #1S, Chicago, IL, 60653 offers a 10.05% rental yield on a $599,900 purchase with $5,026/mo rent. Total monthly income registers $5,026/mo, and a $2,936/mo payment leaves $448/mo available for distribution. Annual cash flow reaches $5,378/yr on $197,367 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 120.15% and total cumulative return in cash at $237,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,026/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2020
7,500 sqft lot
$N/A/sqft
$417 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Lomax • Fulton Grace Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12350773
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)