3038 E Stillwater Lndg #201, Urbana, IL, 61802 | 6.07% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $958/mo, and a $928/mo payment. Purchase price stands at $189,500, and rental yield measures 6.07% with $958/mo rent. Return on cash invested shows 13.09% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 67.33% and total cumulative return in cash records $42,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $958/mo property income covering a $928/mo payment rather than investor’s personal income.

Condo

Built in 2008

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