163 W Raye Dr, Chicago Heights, IL, 60411 | $17/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 Chicago Heights at 163 W Raye Dr, Chicago Heights, IL, 60411 at $240,000 posts ROI 20.17% with $17/mo cash flow from $1,682/mo rent. Total monthly income equals $1,682/mo, and annual cash flow records $204/yr on $79,560 to close. Return on cash invested measures 20.17% and rental yield reads 8.41% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 105.19% and total cumulative return in cash totals $83,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1961

6,500 sqft lot

$N/A/sqft

No HOA