111 Warren AveAuroraIL60505
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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 Aurora at 111 Warren Ave, Aurora, IL, 60505 uses $66,267 cash to close to unlock $2,362/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,583/mo, and a $978/mo payment keeps the spread at $197/mo. Purchase price stands at $199,900, and rental yield measures 9.5% with $1,583/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash records $81,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,583/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2,310 sqft 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
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