862 N 1st St #862ElburnIL60119
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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 862 N 1st St #862, Elburn, IL, 60119 earns $42/mo cash flow from $2,018/mo rent with a $1,394/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $508/yr on $94,444 capital. ROI tracks 20.45% on current figures, and rental yield reads 8.5% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 106.74% and total cumulative return in cash sums $100,811. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Condo
Built in 1997
N/A 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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