8544 S Essex Ave,Chicago,IL,60617

Investment Highlights

Investment property for sale in Chicago at 8544 S Essex Ave, Chicago, IL, 60617 uses $119,307 cash to close to unlock $158/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $1,762/mo payment keeps the spread at $13/mo. Purchase price stands at $359,900, and rental yield measures 8.37% with $2,510/mo rent. Return on cash invested shows 20.04% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 104.57% and total cumulative return in cash records $124,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $1,762/mo payment rather than investor’s personal income.