1458 Deer Pointe DrSouth ElginIL60177
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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
Rental property for sale in South Elgin at 1458 Deer Pointe Dr, South Elgin, IL, 60177 generates $3,304/mo in rent and, after a $1,664/mo payment, leaves $946/mo in cash flow. Total monthly income is $3,304/mo, and annual cash flow is $11,350/yr on $112,710 invested. Return on cash invested sits at 29.98% in year one, and rental yield is 11.66% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 157.81% and total cumulative return in cash sums $177,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,304/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
1,632 sqft 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
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Listed by: Leda Quiaro, CNC,SRS • Keller Williams Infinity
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12524406