1004 E Harding Dr APT 203UrbanaIL61801
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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
Total monthly income runs $858/mo, and a $558/mo payment. Purchase price stands at $114,000, and rental yield measures 9.03% with $858/mo rent. Return on cash invested shows 13.63% in year one, and 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 73.31% and total cumulative return in cash records $27,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $858/mo property income covering a $558/mo payment rather than investor’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61801, Urbana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,544 (100%) |
| Owner Occupied HU | 3,881 (28.7%) |
| Renter Occupied HU | 7,778 (57.4%) |
| Vacant Housing Units | 1,885 (13.9%) |
| Median Home Value | $200,772 |
| Average Home Value | $233,850 |
Housing Distribution
Address Breakdown
Residential
12,349
Single Family
6,950
Multi-Family
5,399
Businesses
565
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Listed by: Nelly Santos-Thomas • RE/MAX REALTY ASSOCIATES-CHA
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12315274
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)