688 Switchgrass WayBolingbrookIL60490
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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 688 Switchgrass Way, Bolingbrook, IL, 60490 with 5% annual appreciation on a $436,300 basis while $3,822/mo rent supports operations. Total monthly income totals $3,822/mo and a $2,135/mo payment preserves $796/mo for cash returns. Annual cash flow comes to $9,555/yr on $144,633 deployed, and return on cash invested reaches 26.52% in year one. Equity gained on principal adds $2,815/yr, and five-year appreciation sums $120,542 alongside rental yield of 10.51%. Five-year ROI measures 139.27% and total cumulative return in cash totals $201,433.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,822/mo property income versus a $2,135/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A 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: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A