503 N Willis AveChampaignIL61821
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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 Champaign at 503 N Willis Ave, Champaign, IL, 61821 with 5% annual appreciation on a $183,000 basis while $2,082/mo rent supports operations. Total monthly income totals $2,082/mo and a $896/mo payment preserves $696/mo for cash returns. Annual cash flow comes to $8,358/yr on $60,665 deployed, and return on cash invested reaches 33.69% in year one. Equity gained on principal adds $1,181/yr, and five-year appreciation sums $50,560 alongside rental yield of 13.65%. Five-year ROI measures 178.56% and total cumulative return in cash totals $108,323.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,082/mo property income versus a $896/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
9,147 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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