4537 S Drexel Blvd APT 303,Chicago,IL,60653

Investment Highlights

Investment property for sale in Chicago at 4537 S Drexel Blvd APT 303, Chicago, IL, 60653 offers a 9.59% rental yield on a $189,500 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $928/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,389/yr on $62,819 to close, and return on cash invested stands at 23.71% in year one. Equity gained on principal adds $1,223/yr while 5% annual appreciation supports $52,355 over five years. Portfolio math shows five-year ROI at 124.3% and total cumulative return in cash at $78,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.