3313 Lincoln 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 3313 Lincoln St, Franklin Park, IL, 60131 uses $115,992 cash to close to unlock $6,871/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,713/mo payment keeps the spread at $573/mo. Purchase price stands at $349,900, and rental yield measures 10.29% with $3,000/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 135.6% and total cumulative return in cash records $157,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,200 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: Donna Raven • RE/MAX City
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541224