352 Franklin StJacksonvilleIL62650
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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 Jacksonville at 352 Franklin St, Jacksonville, IL, 62650 priced at $600,000 converts $1,098/mo rent into after a $2,937/mo obligation. Total monthly income equals $1,098/mo. Return on cash invested prints 1.43% in year one, and rental yield reads 2.2% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 4.71% and total cumulative return in cash sums $9,300. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,098/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Multi Family
Built in 1939
4.22 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Clayton C Yates • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1039190