510 Madison StBentonIL62812
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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
Rental property for sale in Benton at 510 Madison St, Benton, IL, 62812 priced at $118,500 converts $912/mo rent into $90/mo cash flow after a $580/mo obligation. Total monthly income equals $912/mo, and annual cash flow totals $1,081/yr on $39,283 invested. Return on cash invested prints 22.66% in year one, and rental yield reads 9.24% against a $118,500 entry. Equity gained on principal adds $765/yr, while 5% annual appreciation compiles into $32,739 by year five. Five-year ROI reaches 118.72% and total cumulative return in cash sums $46,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $912/mo property income covering a $580/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62812, Benton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 3,564 (62.6%) |
| Renter Occupied HU | 1,420 (24.9%) |
| Vacant Housing Units | 711 (12.5%) |
| Median Home Value | $106,016 |
| Average Home Value | $144,107 |
Housing Distribution
Address Breakdown
Residential
4,845
Single Family
4,648
Multi-Family
197
Businesses
456
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