1622 Bay CtNapervilleIL60565
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
Rental property for sale in Naperville at 1622 Bay Ct, Naperville, IL, 60565 generates $3,245/mo in rent and, after a $1,713/mo payment, leaves $817/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $9,809/yr on $116,025 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 11.13% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 149.18% and total cumulative return in cash sums $173,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60565, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,164 (100%) |
| Owner Occupied HU | 12,175 (86.0%) |
| Renter Occupied HU | 1,635 (11.5%) |
| Vacant Housing Units | 354 ( 2.5%) |
| Median Home Value | $515,699 |
| Average Home Value | $542,004 |
Housing Distribution
Address Breakdown
Residential
13,980
Single Family
12,434
Multi-Family
1,546
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Anderson • RE/MAX of Naperville
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12457958