20152 Ash Ln #1Chicago HeightsIL60411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Chicago Heights at 20152 Ash Ln #1, Chicago Heights, IL, 60411 uses $38,123 cash to close to unlock $1,178/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $896/mo, and a $563/mo payment keeps the spread at $98/mo. Purchase price stands at $115,000, and rental yield measures 9.35% with $896/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 120.49% and total cumulative return in cash records $45,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $896/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elijah Reese, ABR,MRP,PSA,SRS • Serene Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12465040