258 Windsor Ct UNIT CSouth ElginIL60177
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
Rental property for sale in South Elgin at 258 Windsor Ct UNIT C, South Elgin, IL, 60177 generates $2,280/mo in rent and, after a $1,512/mo payment, leaves $137/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $1,645/yr on $102,434 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 8.85% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 112.47% and total cumulative return in cash sums $115,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60177, South Elgin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,125 (100%) |
| Owner Occupied HU | 7,325 (80.3%) |
| Renter Occupied HU | 1,441 (15.8%) |
| Vacant Housing Units | 359 ( 3.9%) |
| Median Home Value | $350,347 |
| Average Home Value | $380,650 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,388
Multi-Family
808
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Sommer • Success 24/7 Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541350