FAIRFIELD Plan, West Point Gardens,Elgin,IL,60124

Investment Highlights

Investment property for sale in Elgin at FAIRFIELD Plan, West Point Gardens, Elgin, IL, 60124 offers a 8.39% rental yield on a $530,990 purchase with $3,714/mo rent. Total monthly income registers $3,714/mo, and a $2,599/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $371/yr on $174,696 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $3,426/yr while 5% annual appreciation supports $146,703 over five years. Portfolio math shows five-year ROI at 105.75% and total cumulative return in cash at $184,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,714/mo property income against a $2,599/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.