6406 Cunningham 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 6406 Cunningham Ct, Gurnee, IL, 60031 uses $132,567 cash to close to unlock $13,674/yr annual cash flow and $1,140/mo monthly cash flow. Total monthly income runs $3,913/mo, and a $1,957/mo payment keeps the spread at $1,140/mo. Purchase price stands at $399,900, and rental yield measures 11.74% with $3,913/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 159.14% and total cumulative return in cash records $210,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,913/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
N/A 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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