514 Jill LnBolingbrookIL60440
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 Bolingbrook at 514 Jill Ln, Bolingbrook, IL, 60440 offers $3,030/mo rent that, after a $1,346/mo payment, leaves $1,124/mo cash flow. Total monthly income is $3,030/mo, and annual cash flow is $13,485/yr on $91,129 cash. Return on cash invested measures 34.71% in year one, and rental yield stands at 13.23% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 183.17% and total cumulative return in cash reaches $166,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,030/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1973
2,448 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 |
Housing Distribution
Address Breakdown
Residential
17,438
Single Family
15,400
Multi-Family
2,038
Businesses
1,508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Hayes • Platinum Partners Realtors
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12447668