342 Snow Drop Ln, Elgin, IL, 60124 | Equity Gain $2,871/yr

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

Rental property for sale in Elgin at 342 Snow Drop Ln, Elgin, IL, 60124 priced at $444,900 pairs $0/mo rent with after a $2,178/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.2% in year one, and rental yield stands at 0% on a $444,900 basis. Equity gained on principal adds $2,871/yr, and 5% annual appreciation accumulates to $122,918 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2015

7,680 sqft lot

$N/A/sqft

No HOA