1530 Scott AveChicago HeightsIL60411
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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
Investment Highlights
Rental property for sale in Chicago Heights at 1530 Scott Ave, Chicago Heights, IL, 60411 priced at $100,000 pairs $2,034/mo rent with $1,341/mo cash flow after a $489/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $16,090/yr on $33,150 invested. Return on cash invested is 68.45% in year one, and rental yield stands at 24.41% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 364.1% and total cumulative return in cash reaches $120,700. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
8,213 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Trena Hawkins • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12130286
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