1050 N Farnsworth Ave APT 111AuroraIL60505
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 1050 N Farnsworth Ave APT 111, Aurora, IL, 60505 in Aurora is narrow, $72/mo net on $1,920/mo rent after the $944/mo debt service, but the property operates at break-even-plus, not a loss. At $209,900 with a 10.98% yield, the long-run equity case via 5% appreciation ($57,992 over five years) and $1,933/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.03 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $110,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 10.0% |
| Monthly Cash Flow | $72 | $1,200 |
City averages based on Aurora market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 10,540 (56.5%) |
| Renter Occupied HU | 7,288 (39.1%) |
| Vacant Housing Units | 813 ( 4.4%) |
| Median Home Value | $219,244 |
| Average Home Value | $264,643 |
Housing Distribution
Address Breakdown
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 10,540 (56.5%) |
| Renter Occupied HU | 7,288 (39.1%) |
| Vacant Housing Units | 813 ( 4.4%) |
| Median Home Value | $219,244 |
| Average Home Value | $264,643 |
Housing Distribution
Address Breakdown
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices