2230 Monument CtGurneeIL60031
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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 2230 Monument Ct, Gurnee, IL, 60031 listed at $590,900 pairs $4,301/mo rent with a $2,892/mo payment to leave $203/mo cash flow. Total monthly income runs $4,301/mo, and annual cash flow reaches $2,431/yr on $194,406 cash to close. Return on cash invested measures 21.31% in year one, and rental yield registers 8.73% at a $590,900 basis. Equity gained on principal adds $3,813/yr, and annual property appreciation at 5% supports $163,255 by year five. Five-year ROI tracks 111.32% and total cumulative return in cash totals $216,407. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,301/mo property income relative to a $2,892/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.30 Acres 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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