1458 Woodland DrSouth 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 1458 Woodland Dr, South Elgin, IL, 60177 uses $119,672 cash to close to unlock $10,247/yr annual cash flow and $854/mo monthly cash flow. Total monthly income runs $3,358/mo, and a $1,767/mo payment keeps the spread at $854/mo. Purchase price stands at $361,000, and rental yield measures 11.16% with $3,358/mo rent. Return on cash invested shows 28.47% in year one, and 5% annual appreciation builds toward $99,738 over five years. Five-year ROI reaches 149.73% and total cumulative return in cash records $179,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,358/mo property income covering a $1,767/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.25 Acres 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: Michael Scanlon • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12492865