950 W Huron St UNIT 501,Chicago,IL,60642

Investment Highlights

Rental property for sale in Chicago at 950 W Huron St UNIT 501, Chicago, IL, 60642 generates $4,381/mo in rent and, after a $2,687/mo payment, leaves $573/mo in cash flow. Total monthly income is $4,381/mo, and annual cash flow is $6,877/yr on $180,621 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.58% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 125.04% and total cumulative return in cash sums $225,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,381/mo property income rather than buyer’s personal income.