42 Parliament Dr W, Palos Heights, IL, 60463 | $509/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 Palos Heights at 42 Parliament Dr W, Palos Heights, IL, 60463 listed at $338,500 pairs $2,857/mo rent with a $1,657/mo payment to leave $509/mo cash flow. Total monthly income runs $2,857/mo, and annual cash flow reaches $6,107/yr on $112,213 cash to close. Return on cash invested measures 25.35% in year one, and rental yield registers 10.13% at a $338,500 basis. Equity gained on principal adds $2,184/yr, and annual property appreciation at 5% supports $93,521 by year five. Five-year ROI tracks 132.99% and total cumulative return in cash totals $149,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,857/mo property income relative to a $1,657/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA