(Undisclosed Address)Chicago 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 (Undisclosed Address), Chicago Heights, IL, 60411 priced at $199,999 converts $2,098/mo rent into $711/mo cash flow after a $979/mo obligation. Total monthly income equals $2,098/mo, and annual cash flow totals $8,528/yr on $66,300 invested. Return on cash invested prints 32.77% in year one, and rental yield reads 12.59% against a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 172.81% and total cumulative return in cash sums $114,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,098/mo property income covering a $979/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
9,311 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Sherri D Southall • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12506567