8N601 Stevens Rd, Elgin, IL, 60124 | $612/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elgin at 8N601 Stevens Rd, Elgin, IL, 60124 uses $144,169 cash to close to unlock $7,345/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $3,629/mo, and a $2,129/mo payment keeps the spread at $612/mo. Purchase price stands at $434,900, and rental yield measures 10.01% with $3,629/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash records $189,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,629/mo property income covering a $2,129/mo payment rather than investor’s personal income.

Single Family

Built in 1973

N/A lot

$N/A/sqft

No HOA