387 Deering LnBolingbrookIL60440
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Bolingbrook rental at 387 Deering Ln, Bolingbrook, IL, 60440 sits in the solid-income band: 9.43% gross yield, $3,611/mo rent, $307/mo net after the $2,067/mo debt service, DSCR 1.75. Entry price of $459,700 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $127,007 and $4,234/yr in principal reduction bring total cumulative return to $203,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $307 | $350 |
City averages based on Bolingbrook market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,611 |
| Total Monthly Debt Service | $3,006 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
9,022 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
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
Single Family
Built in 2003
9,022 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices