1104 N Mill St APT 205NapervilleIL60563
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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 Naperville at 1104 N Mill St APT 205, Naperville, IL, 60563 uses $81,184 cash to close to unlock $720/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $1,199/mo payment keeps the spread at $60/mo. Purchase price stands at $244,900, and rental yield measures 8.62% with $1,759/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 108.56% and total cumulative return in cash records $88,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
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Listed by: Alex Harding • Inspire Realty Group LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12511167