9200 Avers Ave,Evanston,IL,60203

Investment Highlights

Investment property for sale in Evanston at 9200 Avers Ave, Evanston, IL, 60203 listed at $619,900 pairs $5,191/mo rent with a $3,034/mo payment to leave $891/mo cash flow. Total monthly income runs $5,191/mo, and annual cash flow reaches $10,696/yr on $203,947 cash to close. Return on cash invested measures 25.3% in year one, and rental yield registers 10.05% at a $619,900 basis. Equity gained on principal adds $4,000/yr, and annual property appreciation at 5% supports $171,267 by year five. Five-year ROI tracks 132.74% and total cumulative return in cash totals $270,728. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,191/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).