12021 E 600th RdParisIL61944
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.17% yield at 12021 E 600th Rd, Paris, IL, 61944 in Paris is solid, but the $589/mo payment compresses net cash flow to $92/mo at $131,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $36,193 by year five, and $1,207/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.70) without U.S. income documentation. Total projected return: $56,073.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.0% |
| Monthly Cash Flow | $92 | $300 |
City averages based on Paris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,001 |
| Total Monthly Debt Service | $857 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61944, Paris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,807 (100%) |
| Owner Occupied HU | 3,581 (61.7%) |
| Renter Occupied HU | 1,458 (25.1%) |
| Vacant Housing Units | 768 (13.2%) |
| Median Home Value | $108,259 |
| Average Home Value | $141,269 |
Housing Distribution
Address Breakdown
Residential
5,242
Single Family
5,151
Multi-Family
91
Businesses
440
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
Single Family
Built in 2013
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61944, Paris, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,807 (100%) |
| Owner Occupied HU | 3,581 (61.7%) |
| Renter Occupied HU | 1,458 (25.1%) |
| Vacant Housing Units | 768 (13.2%) |
| Median Home Value | $108,259 |
| Average Home Value | $141,269 |
Housing Distribution
Address Breakdown
Residential
5,242
Single Family
5,151
Multi-Family
91
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices