2003 Mullikin DrChampaignIL61822
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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 2003 Mullikin Dr, Champaign, IL, 61822 offers a 11% rental yield on a $444,600 purchase with $4,074/mo rent. Total monthly income registers $4,074/mo, and a $2,176/mo payment leaves $905/mo available for distribution. Annual cash flow reaches $10,863/yr on $147,385 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $2,869/yr while 5% annual appreciation supports $122,835 over five years. Portfolio math shows five-year ROI at 143.62% and total cumulative return in cash at $211,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,074/mo property income against a $2,176/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
8,760 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61822, Champaign, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 7,026 (63.5%) |
| Renter Occupied HU | 3,313 (30.0%) |
| Vacant Housing Units | 720 ( 6.5%) |
| Median Home Value | $286,817 |
| Average Home Value | $324,039 |
Housing Distribution
Address Breakdown
Residential
11,567
Single Family
10,481
Multi-Family
1,086
Businesses
686
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