4828-MS008 Plan, Willow Lake EstatesElginIL60123
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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 Elgin at 4828-MS008 Plan, Willow Lake Estates, Elgin, IL, 60123 offers a 38.39% rental yield on a $146,900 purchase with $4,700/mo rent. Total monthly income registers $4,700/mo, and a $719/mo payment leaves $3,681/mo available for distribution. Annual cash flow reaches $44,173/yr on $48,697 to close, and return on cash invested stands at 110.62% in year one. Equity gained on principal adds $948/yr while 5% annual appreciation supports $40,586 over five years. Portfolio math shows five-year ROI at 590.36% and total cumulative return in cash at $287,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,700/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60123, Elgin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,172 (100%) |
| Owner Occupied HU | 11,272 (62.0%) |
| Renter Occupied HU | 6,153 (33.9%) |
| Vacant Housing Units | 747 ( 4.1%) |
| Median Home Value | $269,733 |
| Average Home Value | $313,397 |
Housing Distribution
Address Breakdown
Residential
17,284
Single Family
13,804
Multi-Family
3,480
Businesses
1,463
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