8510 W Catalpa Ave UNIT 2S, Chicago, IL, 60656 | 8.14% Rental Yield

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 8510 W Catalpa Ave UNIT 2S, Chicago, IL, 60656 offers a 8.14% rental yield on a $210,000 purchase with $1,425/mo rent. 36% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 100.93% and total cumulative return in cash at $70,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,425/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA