281 Boulder CtGilbertsIL60136
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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
Rental property for sale in Gilberts at 281 Boulder Ct, Gilberts, IL, 60136 priced at $499,000 converts $3,012/mo rent into after a $2,442/mo obligation. Total monthly income equals $3,012/mo. Return on cash invested prints 16.65% in year one, and rental yield reads 7.24% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 86.37% and total cumulative return in cash sums $142,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,012/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60136, Gilberts, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 2,539 (87.1%) |
| Renter Occupied HU | 311 (10.7%) |
| Vacant Housing Units | 65 ( 2.2%) |
| Median Home Value | $369,609 |
| Average Home Value | $382,686 |
Housing Distribution
Address Breakdown
Residential
2,875
Single Family
2,875
Multi-Family
0
Businesses
251
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