




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Aurora at 1648 McClure Rd #1648, Aurora, IL, 60505 offers a 11.53% rental yield on a $199,900 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $978/mo payment leaves $534/mo available for distribution. Annual cash flow reaches $6,406/yr on $66,267 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 155.66% and total cumulative return in cash at $103,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 10,540 (56.5%) |
| Renter Occupied HU | 7,288 (39.1%) |
| Vacant Housing Units | 813 ( 4.4%) |
| Median Home Value | $219,244 |
| Average Home Value | $264,643 |
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Christopher Clark • Grandview Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12530207