205 W Pierce StElburnIL60119
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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 Elburn at 205 W Pierce St, Elburn, IL, 60119 priced at $399,000 pairs $3,714/mo rent with $946/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,714/mo, and annual cash flow comes to $11,356/yr on $132,269 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 11.17% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 149.89% and total cumulative return in cash reaches $198,254. For financing, Ziffy Mortgage’s DSCR program evaluates $3,714/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1893
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60119, Elburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,456 (100%) |
| Owner Occupied HU | 3,839 (86.2%) |
| Renter Occupied HU | 488 (11.0%) |
| Vacant Housing Units | 129 ( 2.9%) |
| Median Home Value | $422,799 |
| Average Home Value | $452,768 |
Housing Distribution
Address Breakdown
Residential
4,069
Single Family
3,994
Multi-Family
75
Businesses
395
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