450 S 1st St UNIT 404St CharlesIL60174
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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
Investment property for sale in St Charles at 450 S 1st St UNIT 404, St Charles, IL, 60174 offers a 6.7% rental yield on a $569,999 purchase with $3,182/mo rent. 12% in year one. Equity gained on principal adds $3,678/yr while 5% annual appreciation supports $157,480 over five years. Portfolio math shows five-year ROI at 78.14% and total cumulative return in cash at $146,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,182/mo property income against a $2,790/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60174, Saint Charles, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,039 (100%) |
| Owner Occupied HU | 9,143 (65.1%) |
| Renter Occupied HU | 4,174 (29.7%) |
| Vacant Housing Units | 722 ( 5.1%) |
| Median Home Value | $401,856 |
| Average Home Value | $449,093 |
Housing Distribution
Address Breakdown
Residential
13,500
Single Family
11,036
Multi-Family
2,464
Businesses
2,071
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Listed by: Kyle Kissane • Jameson Sotheby's Intl Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12467028