3086 Wickenden Ave, Elgin, IL, 60124 | $748/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elgin at 3086 Wickenden Ave, Elgin, IL, 60124 earns $748/mo cash flow from $4,043/mo rent with a $2,325/mo payment. Total monthly income totals $4,043/mo, and annual cash flow totals $8,978/yr on $157,463 capital. ROI tracks 25.61% on current figures, and rental yield reads 10.21% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 134.42% and total cumulative return in cash sums $211,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,043/mo property income instead of your personal income.

Single Family

Built in 2008

0.25 Acres lot

$N/A/sqft

No HOA