242 Olmstead Court Jmslkr #JMSLKRBataviaIL60510
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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 Batavia at 242 Olmstead Court Jmslkr #JMSLKR, Batavia, IL, 60510 priced at $696,384 converts $2,280/mo rent into after a $3,408/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 6.71% in year one, and rental yield reads 3.93% against a $696,384 entry. Equity gained on principal adds $4,494/yr, while 5% annual appreciation compiles into $192,398 by year five. Five-year ROI reaches 33% and total cumulative return in cash sums $75,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $3,408/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60510, Batavia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,636 (100%) |
| Owner Occupied HU | 8,969 (77.1%) |
| Renter Occupied HU | 2,287 (19.7%) |
| Vacant Housing Units | 380 ( 3.3%) |
| Median Home Value | $415,386 |
| Average Home Value | $451,716 |
Housing Distribution
Address Breakdown
Residential
11,287
Single Family
9,923
Multi-Family
1,364
Businesses
1,057
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