422 Rachel CirRomeovilleIL60446
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 422 Rachel Cir, Romeoville, IL, 60446 in Romeoville at $365,000 earns $2,625/mo in rent and nets $93/mo after the $1,641/mo payment, a 8.63% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $100,843 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $3,362/yr in principal paydown, total projected return reaches $145,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $93 | $350 |
City averages based on Romeoville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,625 |
| Total Monthly Debt Service | $2,386 |
| DSCR Ratio | 1.10x |
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 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
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 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