1144 Grant Ave,Chicago Heights,IL,60411

Investment Highlights

Investment property for sale in Chicago Heights at 1144 Grant Ave, Chicago Heights, IL, 60411 listed at $224,900 pairs $2,182/mo rent with a $1,101/mo payment to leave $622/mo cash flow. Total monthly income runs $2,182/mo, and annual cash flow reaches $7,462/yr on $74,554 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 11.64% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 157.48% and total cumulative return in cash totals $117,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,182/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).