8022 S Manistee AveChicagoIL60617




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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
Investment property for sale in Chicago at 8022 S Manistee Ave, Chicago, IL, 60617 uses $49,360 cash to close to unlock $1,284/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $729/mo payment keeps the spread at $107/mo. Purchase price stands at $148,900, and rental yield measures 9.19% with $1,140/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash records $58,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1913
4,125 sqft lot
$N/A/sqft
No HOA
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