307 Hill AveNorth AuroraIL60542
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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 North Aurora at 307 Hill Ave, North Aurora, IL, 60542 offers $2,880/mo rent that, after a $1,419/mo payment, leaves $869/mo cash flow. Total monthly income is $2,880/mo, and annual cash flow is $10,429/yr on $96,102 cash. Return on cash invested measures 30.76% in year one, and rental yield stands at 11.92% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 162.06% and total cumulative return in cash reaches $155,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60542, North Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,801 (100%) |
| Owner Occupied HU | 5,777 (74.1%) |
| Renter Occupied HU | 1,655 (21.2%) |
| Vacant Housing Units | 369 ( 4.7%) |
| Median Home Value | $352,197 |
| Average Home Value | $363,884 |
Housing Distribution
Address Breakdown
Residential
7,555
Single Family
6,511
Multi-Family
1,044
Businesses
504
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Listed by: Wyatt Cutlip • Kettley & Co. Inc. - Yorkville
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534455