515 North AveAuroraIL60505
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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 Aurora at 515 North Ave, Aurora, IL, 60505 earns $573/mo cash flow from $2,826/mo rent with a $1,590/mo payment. Total monthly income totals $2,826/mo, and annual cash flow totals $6,872/yr on $107,704 capital. ROI tracks 26.29% on current figures, and rental yield reads 10.44% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash sums $148,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,826/mo property income instead of your personal income.
Single Family
Built in 1900
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60505, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 10,540 (56.5%) |
| Renter Occupied HU | 7,288 (39.1%) |
| Vacant Housing Units | 813 ( 4.4%) |
| Median Home Value | $219,244 |
| Average Home Value | $264,643 |
Housing Distribution
Address Breakdown
Residential
17,091
Single Family
15,047
Multi-Family
2,044
Businesses
985
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