2410 Wendover PlChampaignIL61822
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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 Champaign at 2410 Wendover Pl, Champaign, IL, 61822 priced at $620,000 converts $4,080/mo rent into after a $3,035/mo obligation. Total monthly income equals $4,080/mo. Return on cash invested prints 18.76% in year one, and rental yield reads 7.9% against a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,295 by year five. Five-year ROI reaches 97.66% and total cumulative return in cash sums $199,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,080/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No 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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