2020 6th StMadisonIL62060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 2020 6th St, Madison, IL, 62060 in Madison is listed at $139,900 and delivers $1,338/mo in rent and $368/mo in net monthly cash flow. The 11.48% yield and 2.13 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $38,652 over five years, and $1,288/yr in principal reduction supplements cash return. Total projected cumulative return: $77,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.0% |
| Monthly Cash Flow | $368 | $800 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,338 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.46x |
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.
Single Family
Built in 1940
10,824 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
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
Single Family
Built in 1940
10,824 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices