1283 Sandhurst LnSouth ElginIL60177
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 South Elgin at 1283 Sandhurst Ln, South Elgin, IL, 60177 earns $745/mo cash flow from $2,479/mo rent with a $1,224/mo payment. Total monthly income totals $2,479/mo, and annual cash flow totals $8,936/yr on $82,867 capital. ROI tracks 30.69% on current figures, and rental yield reads 11.9% at a $249,977 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,064 over five years. Five-year ROI reaches 161.68% and total cumulative return in cash sums $133,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,479/mo property income instead of your personal income.
Townhouse
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60177, South Elgin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,125 (100%) |
| Owner Occupied HU | 7,325 (80.3%) |
| Renter Occupied HU | 1,441 (15.8%) |
| Vacant Housing Units | 359 ( 3.9%) |
| Median Home Value | $350,347 |
| Average Home Value | $380,650 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,388
Multi-Family
808
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian T Wolf • RE/MAX At Home
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12527389