6959 W Higgins Ave UNIT 1S, Chicago, IL, 60656 | $28/mo Cash Flow

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

Investment property for sale in Chicago at 6959 W Higgins Ave UNIT 1S, Chicago, IL, 60656 offers a 8.49% rental yield on a $205,000 purchase with $1,450/mo rent. Total monthly income registers $1,450/mo, and a $1,003/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $341/yr on $67,958 to close, and return on cash invested stands at 20.41% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 106.56% and total cumulative return in cash at $72,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA