8029 S Houston Ave, Chicago, IL, 60617 | $1,257/mo Cash Flow

Off market

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 8029 S Houston Ave, Chicago, IL, 60617 offers a 19.58% rental yield on a $133,900 purchase with $2,185/mo rent. Total monthly income registers $2,185/mo, and a $655/mo payment leaves $1,257/mo available for distribution. Annual cash flow reaches $15,079/yr on $44,388 to close, and return on cash invested stands at 53.88% in year one. Equity gained on principal adds $864/yr while 5% annual appreciation supports $36,994 over five years. Portfolio math shows five-year ROI at 286.03% and total cumulative return in cash at $126,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,185/mo property income against a $655/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1927

3,100 sqft lot

$N/A/sqft

No HOA