601 Franklin StScales MoundIL61075
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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 Scales Mound at 601 Franklin St, Scales Mound, IL, 61075 priced at $339,000 pairs $1,610/mo rent with after a $1,659/mo payment. Total monthly income equals $1,610/mo. Return on cash invested is 12% in year one, and rental yield stands at 5.7% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 61.38% and total cumulative return in cash reaches $68,980. For financing, Ziffy Mortgage’s DSCR program evaluates $1,610/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61075, Scales Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 382 (74.5%) |
| Renter Occupied HU | 52 (10.1%) |
| Vacant Housing Units | 79 (15.4%) |
| Median Home Value | $303,636 |
| Average Home Value | $352,742 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
357
Multi-Family
0
Businesses
29
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Listed by: JACQUELINE DEBES • Re/Max Prime Properties
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504879