504 E Florida AveUrbanaIL61801
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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 Urbana at 504 E Florida Ave, Urbana, IL, 61801 earns $498/mo cash flow from $2,017/mo rent with a $1,072/mo payment. Total monthly income totals $2,017/mo, and annual cash flow totals $5,974/yr on $72,599 capital. ROI tracks 28.14% on current figures, and rental yield reads 11.05% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 147.97% and total cumulative return in cash sums $107,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,017/mo property income instead of your personal income.
Single Family
Built in 1955
7,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61801, Urbana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,544 (100%) |
| Owner Occupied HU | 3,881 (28.7%) |
| Renter Occupied HU | 7,778 (57.4%) |
| Vacant Housing Units | 1,885 (13.9%) |
| Median Home Value | $200,772 |
| Average Home Value | $233,850 |
Housing Distribution
Address Breakdown
Residential
12,349
Single Family
6,950
Multi-Family
5,399
Businesses
565
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