302 Flora DrChampaignIL61821
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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 302 Flora Dr, Champaign, IL, 61821 offers $2,162/mo rent that, after a $881/mo payment, leaves $914/mo cash flow. Total monthly income is $2,162/mo, and annual cash flow is $10,964/yr on $59,637 cash. Return on cash invested measures 38.29% in year one, and rental yield stands at 14.42% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 202.44% and total cumulative return in cash reaches $120,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,162/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
5,662 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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