8329 S Burnham Ave, Chicago, IL, 60617 | 7.57% Rental Yield

For Sale

Section 8

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

Rental property for sale in Chicago at 8329 S Burnham Ave, Chicago, IL, 60617 generates $1,798/mo in rent, after a $1,395/mo payment. Total monthly income is $1,798/mo. Return on cash invested sits at 17.64% in year one, and rental yield is 7.57% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 91.67% and total cumulative return in cash sums $86,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,798/mo property income rather than buyer’s personal income.

Multi Family

Built in 1916

4,791 sqft lot

$N/A/sqft

No HOA