3713 Peregrine WayElginIL60124
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
Rental property for sale in Elgin at 3713 Peregrine Way, Elgin, IL, 60124 offers $4,325/mo rent that, after a $3,426/mo payment. Total monthly income is $4,325/mo. Return on cash invested measures 15.59% in year one, and rental yield stands at 7.42% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 81.26% and total cumulative return in cash reaches $187,124. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,325/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.35 Acres lot
$N/A/sqft
$247 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: Kimberly Zahand • Keller Williams North Shore West
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12145948
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)