427 S Madison St, Cerro Gordo, IL, 61818 | $961/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cerro Gordo at 427 S Madison St, Cerro Gordo, IL, 61818 offers a 16.56% rental yield on a $145,500 purchase with $2,008/mo rent. Total monthly income registers $2,008/mo, and a $712/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,526/yr on $48,233 to close, and return on cash invested stands at 43.81% in year one. Equity gained on principal adds $939/yr while 5% annual appreciation supports $40,199 over five years. Portfolio math shows five-year ROI at 232.34% and total cumulative return in cash at $112,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,008/mo property income against a $712/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1963

0.46 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	698 (100%)
Owner Occupied HU	514 (73.6%)
Renter Occupied HU	124 (17.8%)
Vacant Housing Units	60 ( 8.6%)
Median Home Value	$127,500
Average Home Value	$148,278