2138 Iron Ridge LnNapervilleIL60563
Nearby investment properties with comparable rents
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
Investment property for sale in Naperville at 2138 Iron Ridge Ln, Naperville, IL, 60563 offers a 3.47% rental yield on a $955,720 purchase with $2,760/mo rent. 29% in year one. Equity gained on principal adds $6,167/yr while 5% annual appreciation supports $264,048 over five years. Portfolio math shows five-year ROI at 25.42% and total cumulative return in cash at $79,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $4,678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
1,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60563, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,517 (100%) |
| Owner Occupied HU | 9,097 (51.9%) |
| Renter Occupied HU | 7,498 (42.8%) |
| Vacant Housing Units | 922 ( 5.3%) |
| Median Home Value | $454,249 |
| Average Home Value | $500,528 |
Housing Distribution
Address Breakdown
Residential
17,051
Single Family
11,066
Multi-Family
5,985
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Bonk • Little Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12503648