378 W 16th StChicago HeightsIL60411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Chicago Heights at 378 W 16th St, Chicago Heights, IL, 60411 offers a 9.3% rental yield on a $242,400 purchase with $1,879/mo rent. Total monthly income registers $1,879/mo, and a $1,186/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,377/yr on $80,356 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $1,564/yr while 5% annual appreciation supports $66,971 over five years. Portfolio math shows five-year ROI at 119.74% and total cumulative return in cash at $96,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,879/mo property income against a $1,186/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1921
0.44 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A