229 W Madison StMoweaquaIL62550
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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 Moweaqua at 229 W Madison St, Moweaqua, IL, 62550 earns from $1,080/mo rent with a $832/mo payment. Total monthly income totals $1,080/mo. ROI tracks 17.8% on current figures, and rental yield reads 7.63% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 92.6% and total cumulative return in cash sums $52,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 1885
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62550, Moweaqua, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 953 (73.0%) |
| Renter Occupied HU | 243 (18.6%) |
| Vacant Housing Units | 110 ( 8.4%) |
| Median Home Value | $151,361 |
| Average Home Value | $192,531 |
Housing Distribution
Address Breakdown
Residential
1,146
Single Family
1,146
Multi-Family
0
Businesses
91
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