8352 S Mackinaw 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
Rental property for sale in Chicago at 8352 S Mackinaw Ave, Chicago, IL, 60617 priced at $129,900 converts $1,005/mo rent into $104/mo cash flow after a $636/mo obligation. Total monthly income equals $1,005/mo, and annual cash flow totals $1,245/yr on $43,062 invested. Return on cash invested prints 22.8% in year one, and rental yield reads 9.28% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 119.34% and total cumulative return in cash sums $51,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,005/mo property income covering a $636/mo payment, not borrower’s personal income.
Multi Family
Built in 1929
3,596 sqft lot
$N/A/sqft
No HOA
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Listed by: Christopher Clark • Grandview Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12291189
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](/info/mls-disclaimers/#mls_17)