1060 & 1062 N Highland AveAuroraIL60506
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1060 & 1062 N Highland Ave, Aurora, IL, 60506 in Aurora. Rental yield 6.31%. The 1.17 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $122,945 and $4,098/yr in principal reduction project total return of $122,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 10.0% |
| Monthly Cash Flow | $(747) | $1,200 |
City averages based on Aurora market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $2,910 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1979
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60506, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,726 (100%) |
| Owner Occupied HU | 11,993 (64.0%) |
| Renter Occupied HU | 6,084 (32.5%) |
| Vacant Housing Units | 649 ( 3.5%) |
| Median Home Value | $265,415 |
| Average Home Value | $301,071 |
Housing Distribution
Address Breakdown
Residential
18,064
Single Family
15,377
Multi-Family
2,687
Businesses
1,220
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
Multi Family
Built in 1979
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60506, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,726 (100%) |
| Owner Occupied HU | 11,993 (64.0%) |
| Renter Occupied HU | 6,084 (32.5%) |
| Vacant Housing Units | 649 ( 3.5%) |
| Median Home Value | $265,415 |
| Average Home Value | $301,071 |
Housing Distribution
Address Breakdown
Residential
18,064
Single Family
15,377
Multi-Family
2,687
Businesses
1,220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices