351 W 16th Pl, Chicago Heights, IL, 60411 | $137/mo Cash Flow

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

Investment property for sale in Chicago Heights at 351 W 16th Pl, Chicago Heights, IL, 60411 listed at $129,873 pairs $1,038/mo rent with a $636/mo payment to leave $137/mo cash flow. Total monthly income runs $1,038/mo, and annual cash flow reaches $1,642/yr on $43,053 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 9.59% at a $129,873 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,882 by year five. Five-year ROI tracks 124.28% and total cumulative return in cash totals $53,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,038/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1938

5,662 sqft lot

$N/A/sqft

No HOA