17438 W Walnut LnGurneeIL60031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gurnee at 17438 W Walnut Ln, Gurnee, IL, 60031 earns from $1,581/mo rent with a $1,145/mo payment. Total monthly income totals $1,581/mo. ROI tracks 19.26% on current figures, and rental yield reads 8.11% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 100.4% and total cumulative return in cash sums $77,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,581/mo property income instead of your personal income.
Townhouse
Built in 1985
43.56 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60031, Gurnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,307 (100%) |
| Owner Occupied HU | 10,861 (71.0%) |
| Renter Occupied HU | 3,855 (25.2%) |
| Vacant Housing Units | 591 ( 3.9%) |
| Median Home Value | $350,989 |
| Average Home Value | $386,950 |
Housing Distribution
Address Breakdown
Residential
14,965
Single Family
12,177
Multi-Family
2,788
Businesses
1,594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices