142 Mountain Laurel CtRomeovilleIL60446
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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
Rental property for sale in Romeoville at 142 Mountain Laurel Ct, Romeoville, IL, 60446 generates $3,000/mo in rent and, after a $1,541/mo payment, leaves $816/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $9,793/yr on $104,389 invested. Return on cash invested sits at 29.29% in year one, and rental yield is 11.43% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 154.17% and total cumulative return in cash sums $160,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2,673 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60446, Romeoville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 10,648 (76.0%) |
| Renter Occupied HU | 2,846 (20.3%) |
| Vacant Housing Units | 514 ( 3.7%) |
| Median Home Value | $277,791 |
| Average Home Value | $300,502 |
Housing Distribution
Address Breakdown
Residential
14,084
Single Family
12,332
Multi-Family
1,752
Businesses
922
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Listed by: Abraham Aguilera • You Properties LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12553352