3149 Primrose StElginIL60124
Nearby investment properties with comparable rents
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
Investment property for sale in Elgin at 3149 Primrose St, Elgin, IL, 60124 listed at $489,000 pairs $3,972/mo rent with a $2,393/mo payment to leave $392/mo cash flow. Total monthly income runs $3,972/mo, and annual cash flow reaches $4,704/yr on $162,104 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 9.75% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 119.88% and total cumulative return in cash totals $194,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,972/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
8,844 sqft lot
$N/A/sqft
$425 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Kropp • HomeOne Real Estate, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12351332
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)