277 May Ct, Chicago Heights, IL, 60411 | $589/mo Cash Flow

For Sale

Listed for sale 3 days ago

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 277 May Ct, Chicago Heights, IL, 60411 uses $91,129 cash to close to unlock $7,065/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $2,495/mo, and a $1,346/mo payment keeps the spread at $589/mo. Purchase price stands at $274,900, and rental yield measures 10.89% with $2,495/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 145.39% and total cumulative return in cash records $132,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,495/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1961

6,000 sqft lot

$N/A/sqft

No HOA