289 W 16th St,Chicago Hts,IL,60411

Investment Highlights

Investment property for sale in Chicago Hts at 289 W 16th St, Chicago Hts, IL, 60411 offers a 9.26% rental yield on a $109,900 purchase with $848/mo rent. Total monthly income registers $848/mo, and a $538/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,027/yr on $36,432 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 118.98% and total cumulative return in cash at $43,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $848/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.