816 Simpson AveElburnIL60119
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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 Elburn at 816 Simpson Ave, Elburn, IL, 60119 offers a 10.87% rental yield on a $409,900 purchase with $3,714/mo rent. Total monthly income registers $3,714/mo, and a $2,006/mo payment leaves $871/mo available for distribution. Annual cash flow reaches $10,453/yr on $135,882 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 145.11% and total cumulative return in cash at $197,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,714/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60119, Elburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,456 (100%) |
| Owner Occupied HU | 3,839 (86.2%) |
| Renter Occupied HU | 488 (11.0%) |
| Vacant Housing Units | 129 ( 2.9%) |
| Median Home Value | $422,799 |
| Average Home Value | $452,768 |
Housing Distribution
Address Breakdown
Residential
4,069
Single Family
3,994
Multi-Family
75
Businesses
395
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