SUBTO In Dolton Great Cash Flow 40k
2 Beds / 1 Baths • 986 SqFt
Offer Submission Deadline
-
Single Family House -
2 -
1 -
1950 -
986 -
986 -
No Garage
Description
14842 Irving Ave, Dolton, IL 60419
2 Bed | 1 Bath | ~950 sq ft | Built 1950s
Turnkey cash-flowing opportunity with strong Section 8 rent in place. This single-family home is being sold subject-to the existing $66.5K mortgage at 4.5% — no need to qualify or refinance.
Financials:
- Entry: $40K
- PITI: ≈ $902/mo
- Section 8 Rent: $1,880/mo
- Net Cash Flow: ≈ $978/mo ($11.7K/yr)
- Cash-on-Cash ROI: ≈ 19.6%
- After-Repair Value (ARV): ≈ $158K
Low-risk, high-yield play ideal for investors seeking passive income with built-in equity and financing already in place.
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