883 Ravine Ct, Elgin, IL, 60124 | 8.43% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1206 sft

1032 Rainwood Dr, Aurora, IL, 60506

3 Bed
2 Bath
1666 sft

538 S Preston St, Cortland, IL, 60112

2 Bed
1 Bath
884 sft

125 W North Ave, Lombard, IL, 60148

2 Bed
2 Bath
1200 sft

600 Hanover Ct UNIT V1, Schaumburg, IL, 60194

Nearby investment properties with comparable prices

4 Bed
2 Bath
1530 sft

1326 Elm St, St Charles, IL, 60174

4 Bed
3 Bath
2077 sft

Sequoia Plan, Richland Trails, Cortland, IL, 60112

3 Bed
3 Bath
1508 sft

246 Kingsport Dr, South Elgin, IL, 60177

$ 388,600

ROI

Cash Flow/m

- Bed
- Bath
- sft

1232 Linden Ter #NAEBTY, Hampshire, IL, 60140

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elgin at 883 Ravine Ct, Elgin, IL, 60124 at $457,000 posts ROI 18.35% with from $3,211/mo rent. Total monthly income equals $3,211/mo. Return on cash invested measures 18.35% and rental yield reads 8.43% at the current $457,000. Equity gained on principal adds $2,949/yr, and 5% annual appreciation supports $126,261 by year five. Five-year ROI prints 96.13% and total cumulative return in cash totals $145,627. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,211/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2006

8,276 sqft lot

$N/A/sqft

$207 monthly HOA