248 N State StFranklin GroveIL61031
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment Highlights
Investment property for sale in Franklin Grove at 248 N State St, Franklin Grove, IL, 61031 at $139,900 posts ROI -5.21% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -5.21% and rental yield reads 0% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Luis Carrillo • Kettley & Co. Inc. - Aurora
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12508309