400 Salem Sq #0, Bolingbrook, IL, 60440 | $137/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bolingbrook at 400 Salem Sq #0, Bolingbrook, IL, 60440 offers a 9.19% rental yield on a $189,900 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $929/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,647/yr on $62,952 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $74,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1969

1,365 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