6743 Nantucket Ct Unit 6743GurneeIL60031
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6743 Nantucket Ct Unit 6743, Gurnee, IL, 60031 in Gurnee carries a 1.57 coverage ratio, rent of $1,939/mo is 1.57 times the $1,237/mo payment. Rental yield 8.46%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $275,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $75,977; total projected cumulative return: $107,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.2% |
| Monthly Cash Flow | $(218) | $250 |
City averages based on Gurnee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,939 |
| Total Monthly Debt Service | $1,798 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1992
1,568 sqft 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
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
Condo
Built in 1992
1,568 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices