236 Algonquin Ct UNIT DBolingbrookIL60440
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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 236 Algonquin Ct UNIT D, Bolingbrook, IL, 60440 offers $1,411/mo rent that, after a $1,003/mo payment. Total monthly income is $1,411/mo. Return on cash invested measures 19.72% in year one, and rental yield stands at 8.26% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 102.83% and total cumulative return in cash reaches $69,882. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,411/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60440, Bolingbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,056 (100%) |
| Owner Occupied HU | 13,131 (72.7%) |
| Renter Occupied HU | 4,352 (24.1%) |
| Vacant Housing Units | 573 ( 3.2%) |
| Median Home Value | $281,954 |
| Average Home Value | $308,128 |
Housing Distribution
Address Breakdown
Residential
17,438
Single Family
15,400
Multi-Family
2,038
Businesses
1,508
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Listed by: Rashida Shams • HomeSmart Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12428732