408 W Franklin StFithianIL61844
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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 Fithian at 408 W Franklin St, Fithian, IL, 61844 listed at $149,900 pairs $1,166/mo rent with a $734/mo payment to leave $126/mo cash flow. Total monthly income runs $1,166/mo, and annual cash flow reaches $1,511/yr on $49,692 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 9.33% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 120.14% and total cumulative return in cash totals $59,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,166/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61844, Fithian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 363 (76.7%) |
| Renter Occupied HU | 68 (14.4%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $137,054 |
| Average Home Value | $183,085 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
14
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