206 Sparrow LnBolingbrookIL60490
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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 Bolingbrook at 206 Sparrow Ln, Bolingbrook, IL, 60490 priced at $549,000 converts $5,020/mo rent into $1,212/mo cash flow after a $2,687/mo obligation. Total monthly income equals $5,020/mo, and annual cash flow totals $14,545/yr on $180,621 invested. Return on cash invested prints 28.11% in year one, and rental yield reads 10.97% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 147.82% and total cumulative return in cash sums $266,996. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,020/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1994
8,712 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: Alisa Galoozis • @properties Christies International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532170