275 Frederick DrChicago HeightsIL60411








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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


Investment Highlights
Rental property for sale in Chicago Heights at 275 Frederick Dr, Chicago Heights, IL, 60411 priced at $263,000 converts $2,556/mo rent into $732/mo cash flow after a $1,287/mo obligation. Total monthly income equals $2,556/mo, and annual cash flow totals $8,784/yr on $87,185 invested. Return on cash invested prints 29.98% in year one, and rental yield reads 11.66% against a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation compiles into $72,662 by year five. Five-year ROI reaches 157.9% and total cumulative return in cash sums $137,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,556/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Single Family
Built in 1959
6,634 sqft lot
$N/A/sqft
No HOA
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Listed by: Jamie Lemmons-Svoboda • Keller Williams Preferred Rlty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12417710







