8448 S Essex Ave,Chicago,IL,60617

Investment Highlights

Investment property for sale in Chicago at 8448 S Essex Ave, Chicago, IL, 60617 listed at $157,900 pairs $1,237/mo rent with a $773/mo payment to leave $142/mo cash flow. Total monthly income runs $1,237/mo, and annual cash flow reaches $1,699/yr on $52,344 cash to close. Return on cash invested measures 23.16% in year one, and rental yield registers 9.4% at a $157,900 basis. Equity gained on principal adds $1,019/yr, and annual property appreciation at 5% supports $43,625 by year five. Five-year ROI tracks 121.23% and total cumulative return in cash totals $63,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,237/mo property income relative to a $773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).