415 W 16th Pl, Chicago, IL, 60411 | $114/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
1800 sft

9834 S Throop St, Chicago, IL, 60643

3 Bed
2 Bath
1276 sft

3107 Longfellow Ave, Hazel Crest, IL, 60429

3 Bed
1 Bath
884 sft

2516 Central Dr, Gary, IN, 46407

1 Bed
1 Bath
850 sft

18527 Harwood Ave APT 1A, Homewood, IL, 60430

Nearby investment properties with comparable prices

3 Bed
2 Bath
1279 sft

The Pontiac Plan, Harbor Point Estates, Chicago, IL, 60633

2 Bed
1 Bath
968 sft

9220 S Avalon Ave, Chicago, IL, 60619

5 Bed
2 Bath
- sft

14263 Lincoln Ave, Dolton, IL, 60419

3 Bed
1 Bath
1035 sft

4079 Missouri St, Hobart, IN, 46342

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chicago at 415 W 16th Pl, Chicago, IL, 60411 uses $48,068 cash to close to unlock $1,367/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,120/mo, and a $710/mo payment keeps the spread at $114/mo. Purchase price stands at $145,000, and rental yield measures 9.27% with $1,120/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 119.07% and total cumulative return in cash records $57,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,120/mo property income covering a $710/mo payment rather than investor’s personal income.

Townhouse

Built in 1972

4,260 sqft lot

$N/A/sqft

No HOA