248 W Elmwood Dr, Chicago Heights, IL, 60411 | $116/mo Cash Flow

For Sale

Fix & Flip

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 248 W Elmwood Dr, Chicago Heights, IL, 60411 with 5% annual appreciation on a $175,000 basis while $1,330/mo rent supports operations. Total monthly income totals $1,330/mo and a $857/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,388/yr on $58,013 deployed, and return on cash invested reaches 22.3% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.12%. Five-year ROI measures 116.7% and total cumulative return in cash totals $67,699.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,330/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1960

6,098 sqft lot

$N/A/sqft

No HOA