2212 Ryegrass Ln #78003BolingbrookIL60490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2212 Ryegrass Ln #78003, Bolingbrook, IL, 60490 listed at $474,990 pairs $3,263/mo rent with a $2,325/mo payment. Total monthly income runs $3,263/mo. Return on cash invested measures 19.67% in year one, and rental yield registers 8.24% at a $474,990 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,231 by year five. Five-year ROI tracks 102.54% and total cumulative return in cash totals $161,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,263/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1,800 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: Nicholas Solano • Twin Vines Real Estate Svcs
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12539382