108 W Vermont AveUrbanaIL61801
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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 Urbana at 108 W Vermont Ave, Urbana, IL, 61801 offers $2,007/mo rent that, after a $929/mo payment, leaves $690/mo cash flow. Total monthly income is $2,007/mo, and annual cash flow is $8,283/yr on $62,952 cash. Return on cash invested measures 33.07% in year one, and rental yield stands at 12.68% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 174.43% and total cumulative return in cash reaches $109,805. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,007/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
6,534 sqft lot
$N/A/sqft
No 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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