523 W 8th St, Chicago Heights, IL, 60411 | $243/mo Cash Flow

For Sale

Fix & Flip

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 523 W 8th St, Chicago Heights, IL, 60411 offers a 9.86% rental yield on a $189,900 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $929/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,919/yr on $62,952 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 128.75% and total cumulative return in cash at $81,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

0.26 Acres lot

$N/A/sqft

No HOA