18596 W Karen LnGurneeIL60031
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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 Gurnee at 18596 W Karen Ln, Gurnee, IL, 60031 earns $58/mo cash flow from $2,097/mo rent with a $1,439/mo payment. Total monthly income totals $2,097/mo, and annual cash flow totals $693/yr on $97,461 capital. ROI tracks 20.62% on current figures, and rental yield reads 8.56% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 107.62% and total cumulative return in cash sums $104,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,097/mo property income instead of your personal income.
Single Family
Built in 1964
10,075 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
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