Sub 2 Deal Opportunity in Calumet City!
5XX Freeland Ave, Calumet City, IL 60409 – A spacious 4-bedroom, 2-bathroom single-family house with 1,550 sq ft of living space. This is a Subject-To (Sub 2) Deal, offering investors an incredible chance to take over a low-interest mortgage in a hot rental market!
💸 Financial Overview:
- Total Debt: $142,317.25 @ 2.875% Fixed Interest Rate
- Asking Entry Fee: $30,000
- Monthly PITI: $1,870.36
- Long-Term Rent (LTR): ~$2,135
🏠 Property Details:
- Type: Single-Family Home
- Bedrooms: 4
- Bathrooms: 2
- Size: 1,550 Sq Ft
🌟 Why Invest in Calumet City?
- High rental demand in a stable market, offering consistent cash flow.
- Affordable entry fee paired with an existing low-interest mortgage provides a unique opportunity for higher ROI.
- Strategic location near shopping, schools, and major highways ensures long-term tenant desirability.
🌟 Highlights:
- Take advantage of a 2.875% interest rate – significantly lower than current market rates.
- Steady cash flow with an estimated rent of $2,135/month.
- Perfect for buy-and-hold investors seeking to build equity while generating passive income.
Don’t miss this unique Subject-To deal that combines affordability with strong long-term rental potential!
📞 For Inquiries and Viewing Requests, Call Now: (773) 985-7343
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