8916 Cherry Ave, River Grove, IL, 60171 | $44/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

Rental property for sale in River Grove at 8916 Cherry Ave, River Grove, IL, 60171 generates $2,263/mo in rent and, after a $1,566/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,263/mo, and annual cash flow is $526/yr on $106,047 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 8.49% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 106.48% and total cumulative return in cash sums $112,916. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,263/mo property income rather than buyer’s personal income.

Single Family

Built in 1951

6,882 sqft lot

$N/A/sqft

No HOA