1488 Schoenherr AveBolingbrookIL60490
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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 Bolingbrook at 1488 Schoenherr Ave, Bolingbrook, IL, 60490 offers a 7.63% rental yield on a $499,000 purchase with $3,173/mo rent. 82% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 92.64% and total cumulative return in cash at $153,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,173/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,383 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60490, Bolingbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 6,310 (89.2%) |
| Renter Occupied HU | 653 ( 9.2%) |
| Vacant Housing Units | 109 ( 1.5%) |
| Median Home Value | $377,927 |
| Average Home Value | $414,665 |
Housing Distribution
Address Breakdown
Residential
6,748
Single Family
6,747
Multi-Family
1
Businesses
259
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Listed by: Bessie Boyd • Chase Real Estate LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12454291