124 W Brown StFranklin GroveIL61031
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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
Rental property for sale in Franklin Grove at 124 W Brown St, Franklin Grove, IL, 61031 offers $1,658/mo rent that, after a $1,067/mo payment, leaves $146/mo cash flow. Total monthly income is $1,658/mo, and annual cash flow is $1,751/yr on $72,267 cash. Return on cash invested measures 22.33% in year one, and rental yield stands at 9.13% at a $218,000 entry. Equity gained on principal adds $1,407/yr while 5% annual appreciation compounds into $60,229 by year five. Five-year ROI records 116.81% and total cumulative return in cash reaches $84,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,658/mo property income versus a $1,067/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61031, Franklin Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 467 (65.4%) |
| Renter Occupied HU | 156 (21.8%) |
| Vacant Housing Units | 91 (12.7%) |
| Median Home Value | $146,389 |
| Average Home Value | $186,852 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
429
Multi-Family
50
Businesses
42
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Listed by: Jessica Lowry • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202506825
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.