7 McDonald CtChampaignIL61821
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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 7 McDonald Ct, Champaign, IL, 61821 uses $87,483 cash to close to unlock $6,374/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,292/mo payment keeps the spread at $531/mo. Purchase price stands at $263,900, and rental yield measures 10.74% with $2,362/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $72,911 over five years. Five-year ROI reaches 142.94% and total cumulative return in cash records $125,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,292/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres 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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