8453 Madison LnBridgeportIL62417
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
Investment property for sale in Bridgeport at 8453 Madison Ln, Bridgeport, IL, 62417 uses $54,698 cash to close to unlock $1,753/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,291/mo, and a $808/mo payment keeps the spread at $146/mo. Purchase price stands at $165,000, and rental yield measures 9.39% with $1,291/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 121.08% and total cumulative return in cash records $66,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,291/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62417, Bridgeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 901 (70.5%) |
| Renter Occupied HU | 231 (18.1%) |
| Vacant Housing Units | 146 (11.4%) |
| Median Home Value | $101,875 |
| Average Home Value | $124,198 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,176
Multi-Family
29
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan R Baker • BAKER AUCTION & REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509602
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.