888 Edgewood DrSugar GroveIL60554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Sugar Grove at 888 Edgewood Dr, Sugar Grove, IL, 60554 priced at $699,000 pairs $7,266/mo rent with $2,351/mo cash flow after a $3,421/mo payment. Total monthly income equals $7,266/mo, and annual cash flow comes to $28,212/yr on $229,971 invested. Return on cash invested is 32.33% in year one, and rental yield stands at 12.47% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 170.54% and total cumulative return in cash reaches $392,186. For financing, Ziffy Mortgage’s DSCR program evaluates $7,266/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.33 Acres lot
$N/A/sqft
$355 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60554, Sugar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,571 (100%) |
| Owner Occupied HU | 4,041 (88.4%) |
| Renter Occupied HU | 380 ( 8.3%) |
| Vacant Housing Units | 150 ( 3.3%) |
| Median Home Value | $403,459 |
| Average Home Value | $423,726 |
Housing Distribution
Address Breakdown
Residential
4,619
Single Family
4,537
Multi-Family
82
Businesses
351
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Listed by: Sarah Goss • Southwestern Real Estate, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12151785
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)