234 Water Lily Ln,Elgin,IL,60124

Investment Highlights

Investment property for sale in Elgin at 234 Water Lily Ln, Elgin, IL, 60124 offers a 10.16% rental yield on a $455,000 purchase with $3,853/mo rent. Total monthly income registers $3,853/mo, and a $2,227/mo payment leaves $697/mo available for distribution. Annual cash flow reaches $8,364/yr on $150,833 to close, and return on cash invested stands at 25.45% in year one. Equity gained on principal adds $2,936/yr while 5% annual appreciation supports $125,708 over five years. Portfolio math shows five-year ROI at 133.58% and total cumulative return in cash at $201,484. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,853/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.