620 Switchgrass Way #61006BolingbrookIL60490
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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 Bolingbrook at 620 Switchgrass Way #61006, Bolingbrook, IL, 60490 generates $3,263/mo in rent and, after a $2,290/mo payment, leaves $18/mo in cash flow. Total monthly income is $3,263/mo, and annual cash flow is $215/yr on $155,072 invested. Return on cash invested sits at 20.05% in year one, and rental yield is 8.37% on a $467,789 entry. Equity gained on principal adds $3,019/yr, while 5% annual appreciation builds toward $129,241 over five years. Five-year ROI reaches 104.55% and total cumulative return in cash sums $162,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,263/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1,800 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: #12542196