8551 S Manistee Ave, Chicago, IL, 60617 | $704/mo Cash Flow

For Sale

Fix & Flip

Motivated Seller

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 8551 S Manistee Ave, Chicago, IL, 60617 uses $65,637 cash to close to unlock $8,445/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $969/mo payment keeps the spread at $704/mo. Purchase price stands at $198,000, and rental yield measures 12.59% with $2,077/mo rent. Return on cash invested shows 32.78% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 172.83% and total cumulative return in cash records $113,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $969/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

3,049 sqft lot

$N/A/sqft

No HOA