113 W Franklin StMc LeanIL61754
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow113 W Franklin St, Mc Lean, IL, 61754 in Mc Lean is a top-tier cash-flow asset. At $225,000 it produces $3,990/mo in rent and $2,429/mo in net monthly income, a 21.28% gross rental yield. The DSCR of 3.94 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $29,152. Five-year appreciation adds $62,163, driving a total cumulative return of $242,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.3% | 6.0% |
| Monthly Cash Flow | $2,429 | $250 |
City averages based on Mc Lean market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,990 |
| Total Monthly Debt Service | $1,471 |
| DSCR Ratio | 2.71x |
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.
Single Family
Built in 1917
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61754, Mc Lean, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 410 (78.4%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $196,341 |
| Average Home Value | $217,476 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
40
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
Single Family
Built in 1917
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61754, Mc Lean, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 410 (78.4%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $196,341 |
| Average Home Value | $217,476 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices