Hilltop Plan, Highland Woods,Elgin,IL,60124

Investment Highlights

Rental property for sale in Elgin at Hilltop Plan, Highland Woods, Elgin, IL, 60124 offers $4,428/mo rent that, after a $2,295/mo payment, leaves $1,175/mo cash flow. Total monthly income is $4,428/mo, and annual cash flow is $14,106/yr on $155,470 cash. Return on cash invested measures 28.98% in year one, and rental yield stands at 11.33% at a $468,990 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,573 by year five. Five-year ROI records 152.47% and total cumulative return in cash reaches $237,052. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,428/mo property income versus a $2,295/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.