9670 Franklin Ave Unit 505Franklin ParkIL60131
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 9670 Franklin Ave Unit 505, Franklin Park, IL, 60131 in Franklin Park at $285,000 earns $2,609/mo in rent and nets $125/mo after the $1,282/mo payment, a 10.98% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $78,740 over five years. Ziffy Mortgage underwrites this on a 2.04 DSCR without U.S. credit history. With $2,625/yr in principal paydown, total projected return reaches $149,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $125 | $350 |
City averages based on Franklin Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,609 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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: Eric Bohn • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12556278