446 Montrose DrRomeovilleIL60446
INVESTMENT ANALYSIS
Investment Verdict
Solid Income446 Montrose Dr, Romeoville, IL, 60446 in Romeoville is a solid income-producing rental, 9.43% gross yield, $2,325/mo rent, $257/mo net cash flow on a $295,900 buy. DSCR 1.75 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $81,752 and $2,725/yr in principal reduction project a total cumulative return of $130,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $257 | $350 |
City averages based on Romeoville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,325 |
| Total Monthly Debt Service | $1,935 |
| 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 1959
6,588 sqft 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 1959
6,588 sqft 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: Muhammad Chaudhry • American Eagle Real Estate,Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12380869