8936 S Ridgeland Ave,Chicago,IL,60617

Investment Highlights

Rental property for sale in Chicago at 8936 S Ridgeland Ave, Chicago, IL, 60617 generates $1,997/mo in rent and, after a $1,064/mo payment, leaves $489/mo in cash flow. Total monthly income is $1,997/mo, and annual cash flow is $5,870/yr on $72,068 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 11.02% on a $217,400 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation builds toward $60,064 over five years. Five-year ROI reaches 147.56% and total cumulative return in cash sums $106,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,997/mo property income rather than buyer’s personal income.