359 Reston CirRomeovilleIL60446
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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 Romeoville at 359 Reston Cir, Romeoville, IL, 60446 uses $98,323 cash to close to unlock $12,329/yr annual cash flow and $1,027/mo monthly cash flow. Total monthly income runs $3,122/mo, and a $1,452/mo payment keeps the spread at $1,027/mo. Purchase price stands at $296,600, and rental yield measures 12.63% with $3,122/mo rent. Return on cash invested shows 32.45% in year one, and 5% annual appreciation builds toward $81,945 over five years. Five-year ROI reaches 171.24% and total cumulative return in cash records $168,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,122/mo property income covering a $1,452/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$37 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60446, Romeoville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 10,648 (76.0%) |
| Renter Occupied HU | 2,846 (20.3%) |
| Vacant Housing Units | 514 ( 3.7%) |
| Median Home Value | $277,791 |
| Average Home Value | $300,502 |
Housing Distribution
Address Breakdown
Residential
14,084
Single Family
12,332
Multi-Family
1,752
Businesses
922
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