62 E 144th St,Riverdale,IL,60827

Investment Highlights

Rental property for sale in Riverdale at 62 E 144th St, Riverdale, IL, 60827 generates $1,604/mo in rent and, after a $1,125/mo payment, leaves $10/mo in cash flow. Total monthly income is $1,604/mo, and annual cash flow is $115/yr on $76,212 invested. Return on cash invested sits at 20.06% in year one, and rental yield is 8.37% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 104.64% and total cumulative return in cash sums $79,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,604/mo property income rather than buyer’s personal income.