4242 S Vincennes Ave APT 2,Chicago,IL,60653

Investment Highlights

Rental property for sale in Chicago at 4242 S Vincennes Ave APT 2, Chicago, IL, 60653 generates $2,107/mo in rent and, after a $1,419/mo payment, leaves $96/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $1,151/yr on $96,135 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 8.72% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash sums $105,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.