642 Sedge Meadow 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 642 Sedge Meadow Ave, Romeoville, IL, 60446 priced at $474,000 pairs $4,200/mo rent with $912/mo cash flow after a $2,320/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $10,947/yr on $157,131 invested. Return on cash invested is 26.88% in year one, and rental yield stands at 10.63% on a $474,000 basis. Equity gained on principal adds $3,059/yr, and 5% annual appreciation accumulates to $130,957 by year five. Five-year ROI measures 141.2% and total cumulative return in cash reaches $221,873. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $2,320/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
9,147 sqft 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: Michell Lukasik • RE/MAX Professionals
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12430853