849 W Ohio St UNIT 8,Chicago,IL,60642

Investment Highlights

Investment property for sale in Chicago at 849 W Ohio St UNIT 8, Chicago, IL, 60642 listed at $875,000 pairs $6,241/mo rent with a $4,283/mo payment to leave $172/mo cash flow. Total monthly income runs $6,241/mo, and annual cash flow reaches $2,058/yr on $287,875 cash to close. Return on cash invested measures 20.78% in year one, and rental yield registers 8.56% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 108.45% and total cumulative return in cash totals $312,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,241/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).