704 Spruce StSavannaIL61074
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Nearby investment properties with comparable prices
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 704 Spruce St, Savanna, IL, 61074 at $180,000 posts ROI 24.12% with $210/mo cash flow from $1,458/mo rent. Total monthly income equals $1,458/mo, and annual cash flow records $2,514/yr on $59,670 to close. Return on cash invested measures 24.12% and rental yield reads 9.72% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 126.46% and total cumulative return in cash totals $75,461.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.28 Acres 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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