2013 Beckwith 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 2013 Beckwith Ave, Madison, IL, 62060 offers a 9.04% rental yield on a $100,000 purchase with $753/mo rent. Total monthly income registers $753/mo, and a $489/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $718/yr on $33,150 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 115.45% and total cumulative return in cash at $38,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $753/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
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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