(Undisclosed Address)BourbonnaisIL60914
Nearby investment properties with comparable rents
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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 Bourbonnais at (Undisclosed Address), Bourbonnais, IL, 60914 offers $2,160/mo rent that, after a $1,346/mo payment, leaves $253/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $3,030/yr on $91,163 cash. Return on cash invested measures 23.23% in year one, and rental yield stands at 9.43% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 121.68% and total cumulative return in cash reaches $110,927. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
10,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Michelle Arseneau, ABR,SFR • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12556087