16205 S Summit St, Plainfield, IL, 60586 | $1,291/mo Cash Flow

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 Plainfield at 16205 S Summit St, Plainfield, IL, 60586 offers a 10.95% rental yield on a $589,900 purchase with $5,382/mo rent. Total monthly income registers $5,382/mo, and a $2,887/mo payment leaves $1,291/mo available for distribution. Annual cash flow reaches $15,487/yr on $194,077 to close, and return on cash invested stands at 28.04% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 147.4% and total cumulative return in cash at $286,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,382/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.28 Acres lot

$N/A/sqft

No HOA