9200 Hamlin Ave, Evanston, IL, 60203 | 7.99% Rental Yield

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 Evanston at 9200 Hamlin Ave, Evanston, IL, 60203 listed at $689,000 pairs $4,585/mo rent with a $3,372/mo payment. Total monthly income runs $4,585/mo. Return on cash invested measures 19.03% in year one, and rental yield registers 7.99% at a $689,000 basis. Equity gained on principal adds $4,446/yr, and annual property appreciation at 5% supports $190,358 by year five. Five-year ROI tracks 99.11% and total cumulative return in cash totals $224,670. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,585/mo property income relative to a $3,372/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1954

8,645 sqft lot

$N/A/sqft

No HOA