9670 Franklin Ave UNIT 214Franklin ParkIL60131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,696/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 8.14% with $1,696/mo rent. Return on cash invested shows 19.35% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 100.85% and total cumulative return in cash records $83,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Martini • Fulton Grace Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12419025