180 E 23rd St, Chicago Heights, IL, 60411 | $215/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

Rental property for sale in Chicago Heights at 180 E 23rd St, Chicago Heights, IL, 60411 generates $1,567/mo in rent and, after a $954/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,567/mo, and annual cash flow is $2,578/yr on $64,643 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 9.64% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 125.21% and total cumulative return in cash sums $80,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,567/mo property income rather than buyer’s personal income.

Single Family

Built in 1911

4,588 sqft lot

$N/A/sqft

No HOA