8839 S Colfax Ave, Chicago, IL, 60617 | $604/mo Cash Flow

For Sale

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 8839 S Colfax Ave, Chicago, IL, 60617 offers a 10.05% rental yield on a $420,000 purchase with $3,517/mo rent. Total monthly income registers $3,517/mo, and a $2,056/mo payment leaves $604/mo available for distribution. Annual cash flow reaches $7,242/yr on $139,230 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 131.72% and total cumulative return in cash at $183,391. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,517/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1898

2,000 sqft lot

$N/A/sqft

No HOA