488 S Columbia StNapervilleIL60540
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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 Naperville at 488 S Columbia St, Naperville, IL, 60540 earns from $3,913/mo rent with a $6,358/mo payment. Total monthly income totals $3,913/mo. ROI tracks 5.84% on current figures, and rental yield reads 3.61% at a $1,299,000 purchase. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 over five years. Five-year ROI reaches 28.28% and total cumulative return in cash sums $119,029. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,913/mo property income instead of your personal income.
Single Family
Built in 1954
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60540, Naperville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,402 (100%) |
| Owner Occupied HU | 12,230 (74.6%) |
| Renter Occupied HU | 3,465 (21.1%) |
| Vacant Housing Units | 707 ( 4.3%) |
| Median Home Value | $518,057 |
| Average Home Value | $607,374 |
Housing Distribution
Address Breakdown
Residential
16,383
Single Family
14,125
Multi-Family
2,258
Businesses
1,451
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12469099