1646 Patterson AveNorth AuroraIL60542
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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
Investment property for sale in North Aurora at 1646 Patterson Ave, North Aurora, IL, 60542 uses $167,787 cash to close to unlock $45/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $3,541/mo, and a $2,496/mo payment keeps the spread at $4/mo. Purchase price stands at $509,990, and rental yield measures 8.33% with $3,541/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $140,901 over five years. Five-year ROI reaches 104.75% and total cumulative return in cash records $175,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,541/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60542, North Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,801 (100%) |
| Owner Occupied HU | 5,777 (74.1%) |
| Renter Occupied HU | 1,655 (21.2%) |
| Vacant Housing Units | 369 ( 4.7%) |
| Median Home Value | $352,197 |
| Average Home Value | $363,884 |
Housing Distribution
Address Breakdown
Residential
7,555
Single Family
6,511
Multi-Family
1,044
Businesses
504
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Listed by: Linda Little, CNC,CSC,E-PRO,RSPS,SFR,SRES • Little Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12523844