1155 Corrigan StElburnIL60119
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1155 Corrigan St, Elburn, IL, 60119 in Elburn is a top-tier cash-flow asset. At $425,000 it produces $3,714/mo in rent and $635/mo in net monthly income, a 10.49% gross rental yield. The DSCR of 1.94 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,617. Five-year appreciation adds $117,420, driving a total cumulative return of $204,023.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $635 | $300 |
City averages based on Elburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,714 |
| Total Monthly Debt Service | $2,910 |
| DSCR Ratio | 1.28x |
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.
Single Family
Built in 2003
8,398 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60119, Elburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,456 (100%) |
| Owner Occupied HU | 3,839 (86.2%) |
| Renter Occupied HU | 488 (11.0%) |
| Vacant Housing Units | 129 ( 2.9%) |
| Median Home Value | $422,799 |
| Average Home Value | $452,768 |
Housing Distribution
Address Breakdown
Residential
4,069
Single Family
3,994
Multi-Family
75
Businesses
395
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
Single Family
Built in 2003
8,398 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60119, Elburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,456 (100%) |
| Owner Occupied HU | 3,839 (86.2%) |
| Renter Occupied HU | 488 (11.0%) |
| Vacant Housing Units | 129 ( 2.9%) |
| Median Home Value | $422,799 |
| Average Home Value | $452,768 |
Housing Distribution
Address Breakdown
Residential
4,069
Single Family
3,994
Multi-Family
75
Businesses
395
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Ivemeyer • O'Neil Property Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12568016
Disclaimer: Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)