2302 Ryegrass 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 2302 Ryegrass Ln, Bolingbrook, IL, 60490 generates $4,020/mo in rent and, after a $2,449/mo payment, leaves $549/mo in cash flow. Total monthly income is $4,020/mo, and annual cash flow is $6,593/yr on $164,619 invested. Return on cash invested sits at 24.07% in year one, and rental yield is 9.64% on a $500,361 entry. Equity gained on principal adds $3,229/yr, while 5% annual appreciation builds toward $138,241 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash sums $207,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A