39 3rd StSavannaIL61074
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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 Savanna at 39 3rd St, Savanna, IL, 61074 with 5% annual appreciation on a $194,000 basis while $1,511/mo rent supports operations. Total monthly income totals $1,511/mo and a $950/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,979/yr on $64,311 deployed, and return on cash invested reaches 22.99% in year one. Equity gained on principal adds $1,252/yr, and five-year appreciation sums $53,599 alongside rental yield of 9.35%. Five-year ROI measures 120.33% and total cumulative return in cash totals $77,384.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,511/mo property income versus a $950/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61074, Savanna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,393 (60.7%) |
| Renter Occupied HU | 505 (22.0%) |
| Vacant Housing Units | 396 (17.3%) |
| Median Home Value | $112,054 |
| Average Home Value | $154,907 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,859
Multi-Family
74
Businesses
165
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Listed by: DEANNA SHEPHERD • Mel Foster Co.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501793
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.