3976 S Ellis Ave, Chicago, IL, 60653 | 8.95% Rental Yield

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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

Rental property for sale in Chicago at 3976 S Ellis Ave, Chicago, IL, 60653 generates $2,041/mo in rent, after a $1,340/mo payment. Total monthly income is $2,041/mo. Return on cash invested sits at 19.21% in year one, and rental yield is 8.95% on a $273,690 entry. Equity gained on principal adds $1,766/yr, while 5% annual appreciation builds toward $75,616 over five years. Five-year ROI reaches 101.04% and total cumulative return in cash sums $91,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,041/mo property income rather than buyer’s personal income.

Condo

Built in 2004

0.33 Acres lot

$N/A/sqft

$195 monthly HOA