Ridgefield Plan, Ponds of Stony Creek: Phase II, Elgin, IL, 60124 | Equity Gain $4,117/yr

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

No similar rental properties found nearby.

Nearby investment properties with comparable prices

3 Bed
3 Bath
2473 sft

1009 N Auburn Ridge Dr, Palatine, IL, 60067

4 Bed
3 Bath
1969 sft

312 S Maple St, Itasca, IL, 60143

2 Bed
3 Bath
2356 sft

Isleton Plan, Wise Commons, Schaumburg, IL, 60193

$ 542,990

ROI

Cash Flow/m

3 Bed
2 Bath
1877 sft

LOT 460 Hidden Fawn Dr, Elgin, IL, 60124

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elgin at Ridgefield Plan, Ponds of Stony Creek: Phase II, Elgin, IL, 60124 offers a 0% rental yield on a $637,990 purchase with $0/mo rent. 24% in year one. Equity gained on principal adds $4,117/yr while 5% annual appreciation supports $176,265 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,123/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA