2948 Waters Edge CirAuroraIL60504
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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
Investment property for sale in Aurora at 2948 Waters Edge Cir, Aurora, IL, 60504 listed at $263,000 pairs $1,832/mo rent with a $1,287/mo payment to leave $8/mo cash flow. Total monthly income runs $1,832/mo, and annual cash flow reaches $96/yr on $87,185 cash to close. Return on cash invested measures 20.02% in year one, and rental yield registers 8.36% at a $263,000 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,662 by year five. Five-year ROI tracks 104.45% and total cumulative return in cash totals $91,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,832/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60504, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,532 (100%) |
| Owner Occupied HU | 9,267 (59.7%) |
| Renter Occupied HU | 5,509 (35.5%) |
| Vacant Housing Units | 756 ( 4.9%) |
| Median Home Value | $308,129 |
| Average Home Value | $373,744 |
Housing Distribution
Address Breakdown
Residential
15,102
Single Family
11,393
Multi-Family
3,709
Businesses
991
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