2918 Louis StFranklin ParkIL60131
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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
Investment property for sale in Franklin Park at 2918 Louis St, Franklin Park, IL, 60131 earns $788/mo cash flow from $3,000/mo rent with a $1,561/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $9,452/yr on $105,749 capital. ROI tracks 28.85% on current figures, and rental yield reads 11.29% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 151.76% and total cumulative return in cash sums $160,489. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1951
5,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60131, Franklin Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,547 (100%) |
| Owner Occupied HU | 4,443 (67.9%) |
| Renter Occupied HU | 1,787 (27.3%) |
| Vacant Housing Units | 317 ( 4.8%) |
| Median Home Value | $275,620 |
| Average Home Value | $288,640 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,276
Multi-Family
1,020
Businesses
1,026
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Listed by: Maria Georgekos • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12487352