8233 S Manistee Ave, Chicago, IL, 60617 | $16/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 8233 S Manistee Ave, Chicago, IL, 60617 uses $92,820 cash to close to unlock $196/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $1,958/mo, and a $1,370/mo payment keeps the spread at $16/mo. Purchase price stands at $280,000, and rental yield measures 8.39% with $1,958/mo rent. Return on cash invested shows 20.12% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash records $97,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,958/mo property income covering a $1,370/mo payment rather than investor’s personal income.

Single Family

Built in 1922

3,750 sqft lot

$N/A/sqft

No HOA