1871 Fox Run Dr UNIT AElk Grove VillageIL60007
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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 Elk Grove Village at 1871 Fox Run Dr UNIT A, Elk Grove Village, IL, 60007 uses $106,047 cash to close to unlock $11,122/yr annual cash flow and $927/mo monthly cash flow. Total monthly income runs $3,146/mo, and a $1,566/mo payment keeps the spread at $927/mo. Purchase price stands at $319,900, and rental yield measures 11.8% with $3,146/mo rent. Return on cash invested shows 30.4% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 160.06% and total cumulative return in cash records $169,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,146/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60007, Elk Grove Village, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,114 (100%) |
| Owner Occupied HU | 10,272 (72.8%) |
| Renter Occupied HU | 3,299 (23.4%) |
| Vacant Housing Units | 543 ( 3.8%) |
| Median Home Value | $341,414 |
| Average Home Value | $362,357 |
Housing Distribution
Address Breakdown
Residential
14,049
Single Family
10,397
Multi-Family
3,652
Businesses
2,852
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Listed by: Cindy Caulfield • Royal Family Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12482405