Newcastle Plan, Ponds of Stony Creek: Phase II, Elgin, IL, 60124 | Equity Gain $4,814/yr

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 Newcastle Plan, Ponds of Stony Creek: Phase II, Elgin, IL, 60124 with 5% annual appreciation on a $745,990 basis while $0/mo rent supports operations. 24% in year one. Equity gained on principal adds $4,814/yr, and five-year appreciation sums $206,103 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $3,651/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA