405 E Franklin StTremontIL61568
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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 Tremont at 405 E Franklin St, Tremont, IL, 61568 generates $2,894/mo in rent and, after a $1,529/mo payment, leaves $727/mo in cash flow. Total monthly income is $2,894/mo, and annual cash flow is $8,729/yr on $103,527 invested. Return on cash invested sits at 28.34% in year one, and rental yield is 11.12% on a $312,300 entry. Equity gained on principal adds $2,015/yr, while 5% annual appreciation builds toward $86,283 over five years. Five-year ROI reaches 149.06% and total cumulative return in cash sums $154,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,894/mo property income rather than buyer’s personal income.
Single Family
Built in 1834
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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