588 Redtop WayBolingbrookIL60490
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
Investment property for sale in Bolingbrook at 588 Redtop Way, Bolingbrook, IL, 60490 at $649,990 posts ROI 22.93% with $512/mo cash flow from $5,020/mo rent. Total monthly income equals $5,020/mo, and annual cash flow records $6,143/yr on $213,847 to close. Return on cash invested measures 22.93% and rental yield reads 9.27% at the current $649,990. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,580 by year five. Five-year ROI prints 120.01% and total cumulative return in cash totals $256,643.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
8,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60490, Bolingbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 6,310 (89.2%) |
| Renter Occupied HU | 653 ( 9.2%) |
| Vacant Housing Units | 109 ( 1.5%) |
| Median Home Value | $377,927 |
| Average Home Value | $414,665 |
Housing Distribution
Address Breakdown
Residential
6,748
Single Family
6,747
Multi-Family
1
Businesses
259
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Listed by: Nicholas Solano • Twin Vines Real Estate Svcs
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12468182