4029 S Ellis Ave #2S,Chicago,IL,60653

Investment Highlights

Investment property for sale in Chicago at 4029 S Ellis Ave #2S, Chicago, IL, 60653 listed at $445,500 pairs $3,614/mo rent with a $2,181/mo payment to leave $523/mo cash flow. Total monthly income runs $3,614/mo, and annual cash flow reaches $6,281/yr on $147,683 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 9.73% at a $445,500 basis. Equity gained on principal adds $2,875/yr, and annual property appreciation at 5% supports $123,083 by year five. Five-year ROI tracks 126.63% and total cumulative return in cash totals $187,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,614/mo property income relative to a $2,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).