3026 E Stillwater Lndg APT 202UrbanaIL61802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Urbana at 3026 E Stillwater Lndg APT 202, Urbana, IL, 61802 generates $1,442/mo in rent and, after a $891/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,442/mo, and annual cash flow is $2,153/yr on $60,333 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 9.51% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 123.01% and total cumulative return in cash sums $74,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,442/mo property income rather than buyer’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61802, Urbana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,708 (100%) |
| Owner Occupied HU | 5,274 (54.3%) |
| Renter Occupied HU | 3,527 (36.3%) |
| Vacant Housing Units | 907 ( 9.3%) |
| Median Home Value | $207,093 |
| Average Home Value | $226,420 |
Housing Distribution
Address Breakdown
Residential
9,614
Single Family
7,117
Multi-Family
2,497
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices