19503 Lake Shore Dr APT 1, Chicago Heights, IL, 60411 | $121/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
850 sft

18205 Hart Dr APT 6A, Homewood, IL, 60430

3 Bed
1 Bath
1494 sft

1907 W 4th Pl, Gary, IN, 46404

Currently Rented+ 2 more

4 Bed
1 Bath
- sft

2101 221st St, Sauk Village, IL, 60411

2 Bed
2 Bath
720 sft

8718 S Union Ave, Chicago, IL, 60620

Nearby investment properties with comparable prices

3 Bed
3 Bath
1995 sft

2340 W 21st Ave, Gary, IN, 46404

3 Bed
2 Bath
1232 sft

1685 W 10th Pl, Gary, IN, 46404

3 Bed
2 Bath
1560 sft

839 Drackert St, Hammond, IN, 46320

3 Bed
3 Bath
1224 sft

15321 Ellis Ave, South Holland, IL, 60473

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chicago Heights at 19503 Lake Shore Dr APT 1, Chicago Heights, IL, 60411 offers a 9.4% rental yield on a $135,000 purchase with $1,058/mo rent. Total monthly income registers $1,058/mo, and a $661/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,456/yr on $44,753 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 121.34% and total cumulative return in cash at $54,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,058/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA