1960 Tall Oaks Dr APT 2BAuroraIL60505
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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
Rental property for sale in Aurora at 1960 Tall Oaks Dr APT 2B, Aurora, IL, 60505 generates $1,351/mo in rent and, after a $515/mo payment, leaves $276/mo in cash flow. Total monthly income is $1,351/mo, and annual cash flow is $3,309/yr on $34,880 invested. Return on cash invested sits at 29.4% in year one, and rental yield is 15.41% on a $105,219 entry. Equity gained on principal adds $679/yr, while 5% annual appreciation builds toward $29,070 over five years. Five-year ROI reaches 159.01% and total cumulative return in cash sums $55,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,351/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$298 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
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