312 S Spencer StAuroraIL60505
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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 312 S Spencer St, Aurora, IL, 60505 listed at $310,000 pairs $2,290/mo rent with a $1,517/mo payment to leave $140/mo cash flow. Total monthly income runs $2,290/mo, and annual cash flow reaches $1,681/yr on $102,765 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 8.86% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 112.63% and total cumulative return in cash totals $115,747. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,290/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1904
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 10,540 (56.5%) |
| Renter Occupied HU | 7,288 (39.1%) |
| Vacant Housing Units | 813 ( 4.4%) |
| Median Home Value | $219,244 |
| Average Home Value | $264,643 |
Housing Distribution
Address Breakdown
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
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