300 Hankes RdSugar GroveIL60554
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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 Sugar Grove at 300 Hankes Rd, Sugar Grove, IL, 60554 with 5% annual appreciation on a $400,000 basis while $3,325/mo rent supports operations. Total monthly income totals $3,325/mo and a $1,958/mo payment preserves $550/mo for cash returns. Annual cash flow comes to $6,604/yr on $132,600 deployed, and return on cash invested reaches 24.89% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 9.98%. Five-year ROI measures 130.55% and total cumulative return in cash totals $173,104.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,325/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
10,284 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60554, Sugar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,571 (100%) |
| Owner Occupied HU | 4,041 (88.4%) |
| Renter Occupied HU | 380 ( 8.3%) |
| Vacant Housing Units | 150 ( 3.3%) |
| Median Home Value | $403,459 |
| Average Home Value | $423,726 |
Housing Distribution
Address Breakdown
Residential
4,619
Single Family
4,537
Multi-Family
82
Businesses
351
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Listed by: Aaron Schwartz • Weichert REALTORS Signature Professionals
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12425906