597 Eric WayBolingbrookIL60440
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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
Investment property for sale in Bolingbrook at 597 Eric Way, Bolingbrook, IL, 60440 earns $60/mo cash flow from $1,793/mo rent with a $1,223/mo payment. Total monthly income totals $1,793/mo, and annual cash flow totals $717/yr on $82,842 capital. ROI tracks 20.77% on current figures, and rental yield reads 8.61% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash sums $89,870. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,793/mo property income instead of your personal income.
Townhouse
Built in 1972
2,123 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
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Listed by: Ivan Santos • O'Neil Property Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12506429