1251 Gateway CtNorthbrookIL60062
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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 Northbrook at 1251 Gateway Ct, Northbrook, IL, 60062 offers a 9.6% rental yield on a $799,000 purchase with $6,392/mo rent. Total monthly income registers $6,392/mo, and a $3,911/mo payment leaves $850/mo available for distribution. Annual cash flow reaches $10,196/yr on $262,871 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 125.41% and total cumulative return in cash at $329,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,392/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
1,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60062, Northbrook, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,143 (100%) |
| Owner Occupied HU | 13,725 (75.6%) |
| Renter Occupied HU | 3,072 (16.9%) |
| Vacant Housing Units | 1,346 ( 7.4%) |
| Median Home Value | $602,714 |
| Average Home Value | $674,682 |
Housing Distribution
Address Breakdown
Residential
17,656
Single Family
12,879
Multi-Family
4,777
Businesses
2,233
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Listed by: Lynn Romanek-Holstein • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12543433