232 Bobolink DrGrayslakeIL60030
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 Grayslake at 232 Bobolink Dr, Grayslake, IL, 60030 at $458,000 posts ROI 24.36% with $564/mo cash flow from $4,214/mo rent. Total monthly income equals $4,214/mo, and annual cash flow records $6,765/yr on $151,827 to close. Return on cash invested measures 24.36% and rental yield reads 11.04% at the current $458,000. Equity gained on principal adds $2,955/yr, and 5% annual appreciation supports $126,537 by year five. Five-year ROI prints 129.07% and total cumulative return in cash totals $195,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.25 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60030, Grayslake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,398 (100%) |
| Owner Occupied HU | 11,843 (76.9%) |
| Renter Occupied HU | 2,812 (18.3%) |
| Vacant Housing Units | 743 ( 4.8%) |
| Median Home Value | $307,844 |
| Average Home Value | $333,010 |
Housing Distribution
Address Breakdown
Residential
14,908
Single Family
13,384
Multi-Family
1,524
Businesses
993
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Nearby investment properties with comparable prices
Listed by: Patricia Smarto, ABR,CNC,E-PRO,GRI,SFR,SRES • Lakes Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12415546
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)