618 Barron BlvdGrayslakeIL60030
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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 Grayslake at 618 Barron Blvd, Grayslake, IL, 60030 with 5% annual appreciation on a $489,000 basis while $4,128/mo rent supports operations. Total monthly income totals $4,128/mo and a $2,393/mo payment preserves $737/mo for cash returns. Annual cash flow comes to $8,839/yr on $162,104 deployed, and return on cash invested reaches 25.36% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 10.13%. Five-year ROI measures 133.06% and total cumulative return in cash totals $215,698.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,128/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.34 Acres lot
$N/A/sqft
No 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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