2018 S Cottage Grove 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
Investment property for sale in Urbana at 2018 S Cottage Grove Ave, Urbana, IL, 61801 offers a 9.52% rental yield on a $300,000 purchase with $2,380/mo rent. Total monthly income registers $2,380/mo, and a $1,468/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,594/yr on $99,450 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 123.22% and total cumulative return in cash at $122,544. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,380/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.29 Acres 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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