8661 1/2 W Foster Ave UNIT 3AChicagoIL60656
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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
Investment Highlights
Rental property for sale in Chicago at 8661 1/2 W Foster Ave UNIT 3A, Chicago, IL, 60656 generates $2,303/mo in rent and, after a $1,126/mo payment, leaves $467/mo in cash flow. Total monthly income is $2,303/mo, and annual cash flow is $5,609/yr on $76,245 invested. Return on cash invested sits at 27.27% in year one, and rental yield is 12.02% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 144.68% and total cumulative return in cash sums $110,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,303/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$240 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Mariusz Misiewicz • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12382271
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)