467 Arnold AveRomeovilleIL60446
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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
Investment Highlights
Rental property for sale in Romeoville at 467 Arnold Ave, Romeoville, IL, 60446 priced at $260,000 pairs $1,751/mo rent with after a $1,273/mo payment. Total monthly income equals $1,751/mo. Return on cash invested is 19.17% in year one, and rental yield stands at 8.08% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 99.92% and total cumulative return in cash reaches $86,117. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
N/A 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
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Listed by: Tracy Tran • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12518493