5101 N Neva Ave, Chicago, IL, 60656 | 7.16% Rental Yield

For Sale

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 5101 N Neva Ave, Chicago, IL, 60656 generates $2,863/mo in rent, after a $2,349/mo payment. Total monthly income is $2,863/mo. Return on cash invested sits at 16.39% in year one, and rental yield is 7.16% on a $479,999 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 84.96% and total cumulative return in cash sums $135,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,863/mo property income rather than buyer’s personal income.

Single Family

Built in 1953

4,329 sqft lot

$N/A/sqft

No HOA