210 W 16th Pl, Chicago Heights, IL, 60411 | $232/mo Cash Flow

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1120 sft

7709 Wallace St, Merrillville, IN, 46410

Currently Rented+ 3 more

4 Bed
2 Bath
- sft

7432-34 Noble St, Merrillville, IN, 46410

3 Bed
1 Bath
1687 sft

3621 177th Pl, Hammond, IN, 46323

2 Bed
2 Bath
1406 sft

435 Old Stone Rd APT 7, Munster, IN, 46321

Nearby investment properties with comparable prices

4 Bed
3 Bath
2900 sft

6616 S Normal Blvd, Chicago, IL, 60621

2 Bed
2 Bath
1700 sft

9301 Waterford Ln, Orland Park, IL, 60462

3 Bed
2 Bath
- sft

14927 Kenton Ave, Midlothian, IL, 60445

3 Bed
2 Bath
1200 sft

12919 S Escanaba Ave, Chicago, IL, 60633

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 210 W 16th Pl, Chicago Heights, IL, 60411 offers a 9.16% rental yield on a $335,000 purchase with $2,556/mo rent. Total monthly income registers $2,556/mo, and a $1,640/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,784/yr on $111,053 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 117.3% and total cumulative return in cash at $130,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,556/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1919

N/A lot

$N/A/sqft

No HOA