208 N Franklin StLenaIL61048
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 208 N Franklin St, Lena, IL, 61048 in Lena the bet is firmly on appreciation. Rental yield 4.36%. The 4.36% gross yield on a $214,900 price is below income-first thresholds, but 5%/yr value growth projects $59,373 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.81) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $36,524.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.0% |
| Monthly Cash Flow | $(711) | $250 |
City averages based on Lena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $1,405 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1957
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61048, Lena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,447 (77.2%) |
| Renter Occupied HU | 284 (15.1%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $181,929 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,526
Multi-Family
109
Businesses
138
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 1957
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61048, Lena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,447 (77.2%) |
| Renter Occupied HU | 284 (15.1%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $181,929 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,526
Multi-Family
109
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ADAM WERHANE • Pat Brown Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501538
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.