8517 W Carmen Ave, Chicago, IL, 60656 | $818/mo Cash Flow

For Sale

Fix & Flip

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 8517 W Carmen Ave, Chicago, IL, 60656 offers a 11% rental yield on a $366,500 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $1,794/mo payment leaves $818/mo available for distribution. Annual cash flow reaches $9,813/yr on $121,495 to close, and return on cash invested stands at 27.99% in year one. Equity gained on principal adds $2,365/yr while 5% annual appreciation supports $101,257 over five years. Portfolio math shows five-year ROI at 147.14% and total cumulative return in cash at $178,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $1,794/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

5,009 sqft lot

$N/A/sqft

No HOA