509 Aurora Ave UNIT 109NapervilleIL60540
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 509 Aurora Ave UNIT 109, Naperville, IL, 60540 in Naperville achieves 2.13, rent of $2,686/mo covers the $1,259/mo payment 1.5x over at $279,900. Rental yield 11.51%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $77,331 over five years, with $2,578/yr in principal reduction bringing total projected return to $154,948.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.1% |
| Monthly Cash Flow | $(94) | $1,850 |
City averages based on Naperville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,686 |
| Total Monthly Debt Service | $1,830 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A 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
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
Condo
Built in 1986
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Loewer, ABR,E-PRO,SRES • Century 21 Circle
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12548419