2905 Kelly Dr, Elgin, IL, 60124 | 7.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1394 sft

7151 Mulberry St, Hanover Park, IL, 60133

2 Bed
2 Bath
1716 sft

13440 Crestview Dr, Huntley, IL, 60142

2 Bed
3 Bath
1500 sft

375 Glen Byrn Ct #9375A, Schaumburg, IL, 60194

3 Bed
2 Bath
1344 sft

29W437 Butternut Ln, Warrenville, IL, 60555

Nearby investment properties with comparable prices

4 Bed
4 Bath
2191 sft

The Phillips Plan, Prairie Ridge, Hampshire, IL, 60140

3 Bed
3 Bath
2411 sft

903 Fox Chase Ct, Saint Charles, IL, 60174

4 Bed
4 Bath
2682 sft

0-S678 Robbins St, Winfield, IL, 60190

2 Bed
3 Bath
2769 sft

13628 Dakota Fields Dr, Huntley, IL, 60142

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elgin at 2905 Kelly Dr, Elgin, IL, 60124 listed at $597,500 pairs $3,630/mo rent with a $2,924/mo payment. Total monthly income runs $3,630/mo. Return on cash invested measures 16.92% in year one, and rental yield registers 7.29% at a $597,500 basis. Equity gained on principal adds $3,856/yr, and annual property appreciation at 5% supports $165,078 by year five. Five-year ROI tracks 87.81% and total cumulative return in cash totals $172,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,630/mo property income relative to a $2,924/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA