874 Arthur DrElginIL60120
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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 Elgin at 874 Arthur Dr, Elgin, IL, 60120 at $377,300 posts ROI 21.28% with $143/mo cash flow from $2,760/mo rent. Total monthly income equals $2,760/mo, and annual cash flow records $1,712/yr on $125,075 to close. Return on cash invested measures 21.28% and rental yield reads 8.78% at the current $377,300. Equity gained on principal adds $2,435/yr, and 5% annual appreciation supports $104,241 by year five. Five-year ROI prints 111.17% and total cumulative return in cash totals $139,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60120, Elgin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,592 (100%) |
| Owner Occupied HU | 11,032 (62.7%) |
| Renter Occupied HU | 5,766 (32.8%) |
| Vacant Housing Units | 794 ( 4.5%) |
| Median Home Value | $261,990 |
| Average Home Value | $302,997 |
Housing Distribution
Address Breakdown
Residential
16,297
Single Family
14,448
Multi-Family
1,849
Businesses
905
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