509 Aurora Ave UNIT 305NapervilleIL60540
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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 305, Naperville, IL, 60540 listed at $399,900 pairs $3,043/mo rent with a $1,957/mo payment to leave $270/mo cash flow. Total monthly income runs $3,043/mo, and annual cash flow reaches $3,234/yr on $132,567 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 9.13% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 116.92% and total cumulative return in cash totals $155,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,043/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Mike Loewer • Century 21 Circle
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12404753