1704 Clover LnChampaignIL61821
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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 Champaign at 1704 Clover Ln, Champaign, IL, 61821 uses $57,018 cash to close to unlock $2,926/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,437/mo, and a $842/mo payment keeps the spread at $244/mo. Purchase price stands at $172,000, and rental yield measures 10.03% with $1,437/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 131.33% and total cumulative return in cash records $74,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,437/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61821, Champaign, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,438 (100%) |
| Owner Occupied HU | 7,948 (55.0%) |
| Renter Occupied HU | 5,168 (35.8%) |
| Vacant Housing Units | 1,322 ( 9.2%) |
| Median Home Value | $200,906 |
| Average Home Value | $243,819 |
Housing Distribution
Address Breakdown
Residential
12,843
Single Family
11,539
Multi-Family
1,304
Businesses
576
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