204 E Madison StGirardIL62640
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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 Girard at 204 E Madison St, Girard, IL, 62640 priced at $110,000 converts $858/mo rent into $95/mo cash flow after a $538/mo obligation. Total monthly income equals $858/mo, and annual cash flow totals $1,145/yr on $36,465 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 9.36% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 120.74% and total cumulative return in cash sums $44,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $858/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62640, Girard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,192 (67.4%) |
| Renter Occupied HU | 311 (17.6%) |
| Vacant Housing Units | 266 (15.0%) |
| Median Home Value | $168,254 |
| Average Home Value | $205,048 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,516
Multi-Family
29
Businesses
79
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