220 N Madison StTrentonIL62293
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
Investment Highlights
Rental property for sale in Trenton at 220 N Madison St, Trenton, IL, 62293 offers $1,847/mo rent that, after a $881/mo payment, leaves $599/mo cash flow. Total monthly income is $1,847/mo, and annual cash flow is $7,182/yr on $59,670 cash. Return on cash invested measures 31.95% in year one, and rental yield stands at 12.31% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 168.41% and total cumulative return in cash reaches $100,493. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,847/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
10,641 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62293, Trenton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,564 (77.6%) |
| Renter Occupied HU | 344 (17.1%) |
| Vacant Housing Units | 107 ( 5.3%) |
| Median Home Value | $252,186 |
| Average Home Value | $276,168 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,903
Multi-Family
50
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carl Henrichs • Equity Realty Group, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25067545
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)