121 Gregory St APT 2AuroraIL60504
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 Aurora at 121 Gregory St APT 2, Aurora, IL, 60504 uses $63,648 cash to close to unlock $2,412/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,533/mo, and a $940/mo payment keeps the spread at $201/mo. Purchase price stands at $192,000, and rental yield measures 9.58% with $1,533/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 124.14% and total cumulative return in cash records $79,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,533/mo property income covering a $940/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60504, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,532 (100%) |
| Owner Occupied HU | 9,267 (59.7%) |
| Renter Occupied HU | 5,509 (35.5%) |
| Vacant Housing Units | 756 ( 4.9%) |
| Median Home Value | $308,129 |
| Average Home Value | $373,744 |
Housing Distribution
Address Breakdown
Residential
15,102
Single Family
11,393
Multi-Family
3,709
Businesses
991
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices