509 Aurora Ave UNIT 302NapervilleIL60540
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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 509 Aurora Ave UNIT 302, Naperville, IL, 60540 uses $101,439 cash to close to unlock $1,839/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $3,004/mo, and a $1,498/mo payment keeps the spread at $153/mo. Purchase price stands at $306,000, and rental yield measures 11.78% with $3,004/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $84,542 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash records $118,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,004/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Condo
Built in 1986
7.87 Acres lot
$N/A/sqft
$728 monthly 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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