1109 Madison AveMadisonIL62060
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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 Madison at 1109 Madison Ave, Madison, IL, 62060 earns $165/mo cash flow from $1,211/mo rent with a $685/mo payment. Total monthly income totals $1,211/mo, and annual cash flow totals $1,982/yr on $46,410 capital. ROI tracks 24.18% on current figures, and rental yield reads 10.38% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash sums $59,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,211/mo property income instead of your personal income.
Multi Family
Built in 1945
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62060, Madison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 904 (44.2%) |
| Renter Occupied HU | 753 (36.8%) |
| Vacant Housing Units | 388 (19.0%) |
| Median Home Value | $100,862 |
| Average Home Value | $157,835 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,567
Multi-Family
69
Businesses
168
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Listed by: Angela C Walsh • Keller Williams Marquee
Mls Name: MARIS
Mls Provider:
Mls ID: #25004083
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