1850 Diamond DrElginIL60124
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Elgin at 1850 Diamond Dr, Elgin, IL, 60124 generates $0/mo in rent, after a $3,058/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.48% in year one, and rental yield is 0% on a $624,810 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,623 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,000 sqft lot
$N/A/sqft
$500 annually HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Christine Currey • RE/MAX All Pro - St Charles
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12336823
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)