1301 Clifford Dr APT 8UrbanaIL61802
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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 Urbana at 1301 Clifford Dr APT 8, Urbana, IL, 61802 uses $35,272 cash to close to unlock $9,001/yr annual cash flow and $750/mo monthly cash flow. Total monthly income runs $1,501/mo, and a $521/mo payment keeps the spread at $750/mo. Purchase price stands at $106,400, and rental yield measures 16.93% with $1,501/mo rent. Return on cash invested shows 45.43% in year one, and 5% annual appreciation builds toward $29,396 over five years. Five-year ROI reaches 240.97% and total cumulative return in cash records $84,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $521/mo payment rather than investor’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: 61802, Urbana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,708 (100%) |
| Owner Occupied HU | 5,274 (54.3%) |
| Renter Occupied HU | 3,527 (36.3%) |
| Vacant Housing Units | 907 ( 9.3%) |
| Median Home Value | $207,093 |
| Average Home Value | $226,420 |
Housing Distribution
Address Breakdown
Residential
9,614
Single Family
7,117
Multi-Family
2,497
Businesses
474
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