705 Higgins RdChampaignIL61822
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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 Champaign at 705 Higgins Rd, Champaign, IL, 61822 at $219,900 posts ROI 29.98% with $612/mo cash flow from $2,137/mo rent. Total monthly income equals $2,137/mo, and annual cash flow records $7,344/yr on $72,897 to close. Return on cash invested measures 29.98% and rental yield reads 11.66% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 157.9% and total cumulative return in cash totals $115,108.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,137/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1987
3,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61822, Champaign, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 7,026 (63.5%) |
| Renter Occupied HU | 3,313 (30.0%) |
| Vacant Housing Units | 720 ( 6.5%) |
| Median Home Value | $286,817 |
| Average Home Value | $324,039 |
Housing Distribution
Address Breakdown
Residential
11,567
Single Family
10,481
Multi-Family
1,086
Businesses
686
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