980 Oakland LnAuroraIL60504
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 980 Oakland Ln, Aurora, IL, 60504 in Aurora speaks for itself: 11.59% gross on a $340,000 price, generating $3,284/mo in rent and $926/mo in net income after the $1,612/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,113 stacks alongside $93,936 in projected five-year appreciation and $2,850/yr in principal reduction. Projected total cumulative return: $183,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 10.0% |
| Monthly Cash Flow | $926 | $1,200 |
City averages based on Aurora market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,284 |
| Total Monthly Debt Service | $2,306 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
8,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60504, Aurora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,532 (100%) |
| Owner Occupied HU | 9,267 (59.7%) |
| Renter Occupied HU | 5,509 (35.5%) |
| Vacant Housing Units | 756 ( 4.9%) |
| Median Home Value | $308,129 |
| Average Home Value | $373,744 |
Housing Distribution
Address Breakdown
Residential
15,102
Single Family
11,393
Multi-Family
3,709
Businesses
991
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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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Nearby investment properties with comparable prices
