9603 S Hoxie Ave,Chicago,IL,60617

Investment Highlights

Rental property for sale in Chicago at 9603 S Hoxie Ave, Chicago, IL, 60617 generates $2,008/mo in rent and, after a $539/mo payment, leaves $1,244/mo in cash flow. Total monthly income is $2,008/mo, and annual cash flow is $14,931/yr on $36,498 invested. Return on cash invested sits at 60.82% in year one, and rental yield is 21.89% on a $110,100 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,419 over five years. Five-year ROI reaches 323.28% and total cumulative return in cash sums $117,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.