422 Rachel CirRomeovilleIL60446
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
Investment Highlights
Rental property for sale in Romeoville at 422 Rachel Cir, Romeoville, IL, 60446 generates $2,625/mo in rent and, after a $1,786/mo payment, leaves $94/mo in cash flow. Total monthly income is $2,625/mo, and annual cash flow is $1,125/yr on $120,998 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 8.63% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 108.8% and total cumulative return in cash sums $131,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,625/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Hoffman, ABR,CNC,CRS,GRI,SRES • Century 21 Circle
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12025225