818 Thomas StChicago HeightsIL60411
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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
Investment Highlights
Rental property for sale in Chicago Heights at 818 Thomas St, Chicago Heights, IL, 60411 priced at $249,500 converts $2,034/mo rent into $128/mo cash flow after a $1,221/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $1,533/yr on $82,709 invested. Return on cash invested prints 21.76% in year one, and rental yield reads 9.78% against a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,932 by year five. Five-year ROI reaches 114.69% and total cumulative return in cash sums $94,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,221/mo payment, not borrower’s personal income.
Single Family
Built in 1966
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Susan Jenner • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12473262
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