10766 E 7000n RdGrant ParkIL60940
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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 Grant Park at 10766 E 7000n Rd, Grant Park, IL, 60940 generates $3,173/mo in rent, after a $3,613/mo payment. Total monthly income is $3,173/mo. Return on cash invested sits at 10.44% in year one, and rental yield is 5.16% on a $738,100 entry. Equity gained on principal adds $4,763/yr, while 5% annual appreciation builds toward $203,923 over five years. Five-year ROI reaches 53.03% and total cumulative return in cash sums $128,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,173/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60940, Grant Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,335 (100%) |
| Owner Occupied HU | 1,029 (77.1%) |
| Renter Occupied HU | 234 (17.5%) |
| Vacant Housing Units | 72 ( 5.4%) |
| Median Home Value | $251,741 |
| Average Home Value | $291,686 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
87
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #12412870