3168 Pearl St,Elgin,IL,60124

Investment Highlights

Rental property for sale in Elgin at 3168 Pearl St, Elgin, IL, 60124 generates $2,926/mo in rent and, after a $1,551/mo payment, leaves $689/mo in cash flow. Total monthly income is $2,926/mo, and annual cash flow is $8,264/yr on $105,052 invested. Return on cash invested sits at 27.78% in year one, and rental yield is 11.08% on a $316,900 entry. Equity gained on principal adds $2,045/yr, while 5% annual appreciation builds toward $87,554 over five years. Five-year ROI reaches 146.17% and total cumulative return in cash sums $153,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,926/mo property income rather than buyer’s personal income.