603 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 603 3rd St, Savanna, IL, 61074 earns $477/mo cash flow from $1,448/mo rent with a $685/mo payment. Total monthly income totals $1,448/mo, and annual cash flow totals $5,726/yr on $46,410 capital. ROI tracks 32.25% on current figures, and rental yield reads 12.41% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 170.08% and total cumulative return in cash sums $78,934. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Multi Family
Built in 1883
4,819 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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