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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Aurora at 851 Spruce St, Aurora, IL, 60506 generates $2,851/mo in rent and, after a $1,268/mo payment, leaves $1,054/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $12,650/yr on $85,859 invested. Return on cash invested sits at 34.64% in year one, and rental yield is 13.21% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 182.89% and total cumulative return in cash sums $157,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60506, Aurora, IL area.
| 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 |
Residential
18,064
Single Family
15,377
Multi-Family
2,687
Businesses
1,220
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Listed for sale | $259,000 |
| 2024-09-23 | Listing removed | $250,000 |
| 2024-09-11 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3038.92 | -4.56% | $51,479 | 9.60% |
| 2022-10-16 | $3184.04 | 6.48% | $46,970 | 7.41% |
| 2021-10-16 | $2990.24 | 7.85% | $43,729 | 7.66% |
Listed by: Ryan Widerberg • eXp Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12174759
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)
