107 N Bogardus StElkhartIL62634
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
Investment Highlights
Investment property for sale in Elkhart at 107 N Bogardus St, Elkhart, IL, 62634 earns $99/mo cash flow from $1,036/mo rent with a $661/mo payment. Total monthly income totals $1,036/mo, and annual cash flow totals $1,192/yr on $44,753 capital. ROI tracks 22.57% on current figures, and rental yield reads 9.21% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $52,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,036/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62634, Elkhart, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 331 (78.4%) |
| Renter Occupied HU | 54 (12.8%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $144,063 |
| Average Home Value | $202,560 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035879
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.