316 Bedford RdBolingbrookIL60440
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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 316 Bedford Rd, Bolingbrook, IL, 60440 offers a 9.93% rental yield on a $376,900 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $1,845/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,066/yr on $124,942 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $2,432/yr while 5% annual appreciation supports $104,131 over five years. Portfolio math shows five-year ROI at 129.86% and total cumulative return in cash at $162,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $1,845/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,104 sqft 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: Victor Zack • ASAP Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12427642