8544 W Rascher Ave UNIT 3E, Chicago, IL, 60656 | $3/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
937 sft

2208 Country Club Dr APT 2, Woodridge, IL, 60517

3 Bed
2 Bath
1448 sft

1311 S Finley Rd APT 416, Lombard, IL, 60148

2 Bed
1 Bath
937 sft

2275 Country Club Dr APT 22, Woodridge, IL, 60517

2 Bed
2 Bath
917 sft

1111 Bloomingdale Rd APT 1A, Glendale Heights, IL, 60139

Nearby investment properties with comparable prices

2 Bed
2 Bath
1080 sft

800 E Old Willow Rd #2207, Prospect Heights, IL, 60070

2 Bed
1 Bath
822 sft

103 Morris Ave, Bellwood, IL, 60104

2 Bed
1 Bath
900 sft

1 Oak Creek Dr APT 2305, Buffalo Grove, IL, 60089

2 Bed
2 Bath
1200 sft

4800 S Chicago Beach Dr APT 401S, Chicago, IL, 60615

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chicago at 8544 W Rascher Ave UNIT 3E, Chicago, IL, 60656 offers a 8.34% rental yield on a $235,000 purchase with $1,633/mo rent. Total monthly income registers $1,633/mo, and a $1,150/mo payment leaves $3/mo available for distribution. Annual cash flow reaches $38/yr on $77,903 to close, and return on cash invested stands at 19.96% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 104.14% and total cumulative return in cash at $81,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,633/mo property income against a $1,150/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