74 E Pershing Rd #2ChicagoIL60653
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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
Rental property for sale in Chicago at 74 E Pershing Rd #2, Chicago, IL, 60653 priced at $333,125 converts $3,808/mo rent into $1,217/mo cash flow after a $1,630/mo obligation. Total monthly income equals $3,808/mo, and annual cash flow totals $14,602/yr on $110,431 invested. Return on cash invested prints 33.13% in year one, and rental yield reads 13.72% against a $333,125 entry. Equity gained on principal adds $2,150/yr, while 5% annual appreciation compiles into $92,036 by year five. Five-year ROI reaches 175.83% and total cumulative return in cash sums $194,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,808/mo property income covering a $1,630/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$281 monthly HOA
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Listed by: David Dominguez • Realty of America, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12431848
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)