212 Main StFranklinIL62638
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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 at 212 Main St, Franklin, IL, 62638 offers $942/mo rent that, after a $595/mo payment, leaves $99/mo cash flow. Total monthly income is $942/mo, and annual cash flow is $1,187/yr on $40,277 cash. Return on cash invested measures 22.86% in year one, and rental yield stands at 9.3% at a $121,500 entry. Equity gained on principal adds $784/yr while 5% annual appreciation compounds into $33,568 by year five. Five-year ROI records 119.62% and total cumulative return in cash reaches $48,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $942/mo property income versus a $595/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: David E Doris • Dave`s Home Sales
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035958
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.