1713 4th StMadisonIL62060
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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 1713 4th St, Madison, IL, 62060 listed at $185,000 pairs $2,183/mo rent with a $905/mo payment to leave $900/mo cash flow. Total monthly income runs $2,183/mo, and annual cash flow reaches $10,803/yr on $61,328 cash to close. Return on cash invested measures 37.53% in year one, and rental yield registers 14.16% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 198.32% and total cumulative return in cash totals $121,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,183/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1904
7,405 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: Brent N Masiero • Market Pro Realty, Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25039359
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