3578 Doral Dr, Elgin, IL, 60124 | 7.83% Rental Yield

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 3578 Doral Dr, Elgin, IL, 60124 generates $5,707/mo in rent, after a $4,283/mo payment. Total monthly income is $5,707/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 7.83% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 96.5% and total cumulative return in cash sums $277,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,707/mo property income rather than buyer’s personal income.

Single Family

Built in 2020

0.39 Acres lot

$N/A/sqft

No HOA