313 Homewood Ct, Chicago Heights, IL, 60411 | 8.03% Rental Yield

For Sale

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

Rental property for sale in Chicago Heights at 313 Homewood Ct, Chicago Heights, IL, 60411 generates $1,672/mo in rent, after a $1,223/mo payment. Total monthly income is $1,672/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 8.03% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 99.08% and total cumulative return in cash sums $82,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,672/mo property income rather than buyer’s personal income.

Single Family

Built in 1959

6,180 sqft lot

$N/A/sqft

No HOA