1387 Westminster LnBourbonnaisIL60914
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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
Investment Highlights
Investment property for sale in Bourbonnais at 1387 Westminster Ln, Bourbonnais, IL, 60914 earns $232/mo cash flow from $2,625/mo rent with a $1,689/mo payment. Total monthly income totals $2,625/mo, and annual cash flow totals $2,779/yr on $114,368 capital. ROI tracks 22.34% on current figures, and rental yield reads 9.13% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash sums $133,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,625/mo property income instead of your personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
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Listed by: Stephen Styck • Styken Real Estate and Property Management
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534955