740 Chandler RdGurneeIL60031
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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 740 Chandler Rd, Gurnee, IL, 60031 with 5% annual appreciation on a $225,000 basis while $1,584/mo rent supports operations. Total monthly income totals $1,584/mo and a $1,101/mo payment preserves $24/mo for cash returns. Annual cash flow comes to $283/yr on $74,588 deployed, and return on cash invested reaches 20.29% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.45%. Five-year ROI measures 105.87% and total cumulative return in cash totals $78,969.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,584/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1976
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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