717 W Columbia AveChampaignIL61820
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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 717 W Columbia Ave, Champaign, IL, 61820 with 5% annual appreciation on a $199,000 basis while $1,862/mo rent supports operations. Total monthly income totals $1,862/mo and a $974/mo payment preserves $482/mo for cash returns. Annual cash flow comes to $5,780/yr on $65,969 deployed, and return on cash invested reaches 28.67% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 11.23%. Five-year ROI measures 150.83% and total cumulative return in cash totals $99,498.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,862/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61820, Champaign, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,852 (100%) |
| Owner Occupied HU | 3,150 (15.9%) |
| Renter Occupied HU | 14,193 (71.5%) |
| Vacant Housing Units | 2,509 (12.6%) |
| Median Home Value | $196,218 |
| Average Home Value | $258,415 |
Housing Distribution
Address Breakdown
Residential
18,926
Single Family
7,064
Multi-Family
11,862
Businesses
1,745
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