444 Prairie Ridge LnNorth AuroraIL60542
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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
Investment Highlights
Rental property for sale in North Aurora at 444 Prairie Ridge Ln, North Aurora, IL, 60542 priced at $650,975 converts $2,580/mo rent into after a $3,186/mo obligation. Total monthly income equals $2,580/mo. Return on cash invested prints 9.22% in year one, and rental yield reads 4.76% against a $650,975 entry. Equity gained on principal adds $4,201/yr, while 5% annual appreciation compiles into $179,852 by year five. Five-year ROI reaches 46.46% and total cumulative return in cash sums $99,500. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,580/mo property income covering a $3,186/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60542, North Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,801 (100%) |
| Owner Occupied HU | 5,777 (74.1%) |
| Renter Occupied HU | 1,655 (21.2%) |
| Vacant Housing Units | 369 ( 4.7%) |
| Median Home Value | $352,197 |
| Average Home Value | $363,884 |
Housing Distribution
Address Breakdown
Residential
7,555
Single Family
6,511
Multi-Family
1,044
Businesses
504
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Listed by: Kimberly Grant, CSC • john greene, Realtor
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12025404