4342 S Forrestville AveChicagoIL60653
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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
Investment Highlights
Investment property for sale in Chicago at 4342 S Forrestville Ave, Chicago, IL, 60653 offers a 9.57% rental yield on a $700,000 purchase with $5,585/mo rent. Total monthly income registers $5,585/mo, and a $3,426/mo payment leaves $730/mo available for distribution. Annual cash flow reaches $8,758/yr on $230,300 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 124.99% and total cumulative return in cash at $287,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,585/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
2,874 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices