309 E Madison StParisIL61944
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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
Investment property for sale in Paris at 309 E Madison St, Paris, IL, 61944 earns from $0/mo rent with a $538/mo payment. Total monthly income totals $0/mo. ROI tracks -5.2% on current figures, and rental yield reads 0% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1900
7,840 sqft 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
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