9N601 Santa Fe Trl,Elgin,IL,60124

Investment Highlights

Rental property for sale in Elgin at 9N601 Santa Fe Trl, Elgin, IL, 60124 generates $4,166/mo in rent and, after a $2,839/mo payment, leaves $143/mo in cash flow. Total monthly income is $4,166/mo, and annual cash flow is $1,714/yr on $190,820 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.62% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 109.43% and total cumulative return in cash sums $208,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,166/mo property income rather than buyer’s personal income.