302 Madison StKingston MinesIL61547
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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 Kingston Mines at 302 Madison St, Kingston Mines, IL, 61547 listed at $115,000 pairs $905/mo rent with a $563/mo payment to leave $107/mo cash flow. Total monthly income runs $905/mo, and annual cash flow reaches $1,286/yr on $38,123 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 9.44% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 122.03% and total cumulative return in cash totals $46,521. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $905/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61547, Mapleton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,408 (100%) |
| Owner Occupied HU | 1,253 (89.0%) |
| Renter Occupied HU | 84 ( 6.0%) |
| Vacant Housing Units | 71 ( 5.0%) |
| Median Home Value | $250,460 |
| Average Home Value | $293,282 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,415
Multi-Family
0
Businesses
29
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Listed by: Raynah Unes-Reid • Gallery Homes Real Estate
Mls Name: RMLS Alliance
Mls ID: #PA1261547