808 Gillette AveAuroraIL60506
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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
Rental property for sale in Aurora at 808 Gillette Ave, Aurora, IL, 60506 offers $1,519/mo rent that, after a $1,114/mo payment. Total monthly income is $1,519/mo. Return on cash invested measures 18.98% in year one, and rental yield stands at 8.01% at a $227,500 entry. Equity gained on principal adds $1,468/yr while 5% annual appreciation compounds into $62,854 by year five. Five-year ROI records 98.85% and total cumulative return in cash reaches $74,546. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,519/mo property income versus a $1,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60506, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,726 (100%) |
| Owner Occupied HU | 11,993 (64.0%) |
| Renter Occupied HU | 6,084 (32.5%) |
| Vacant Housing Units | 649 ( 3.5%) |
| Median Home Value | $265,415 |
| Average Home Value | $301,071 |
Housing Distribution
Address Breakdown
Residential
18,064
Single Family
15,377
Multi-Family
2,687
Businesses
1,220
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