209 W Madison StRushvilleIL62681
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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 Rushville at 209 W Madison St, Rushville, IL, 62681 with 5% annual appreciation on a $117,500 basis while $1,369/mo rent supports operations. Total monthly income totals $1,369/mo and a $575/mo payment preserves $554/mo for cash returns. Annual cash flow comes to $6,649/yr on $38,951 deployed, and return on cash invested reaches 36.98% in year one. Equity gained on principal adds $758/yr, and five-year appreciation sums $32,463 alongside rental yield of 13.98%. Five-year ROI measures 195.51% and total cumulative return in cash totals $76,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,369/mo property income versus a $575/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
4,331 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62681, Rushville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,589 (65.8%) |
| Renter Occupied HU | 455 (18.8%) |
| Vacant Housing Units | 372 (15.4%) |
| Median Home Value | $120,109 |
| Average Home Value | $152,086 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
2,159
Multi-Family
31
Businesses
227
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