725 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 725 3rd St, Savanna, IL, 61074 uses $58,013 cash to close to unlock $788/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,280/mo, and a $857/mo payment keeps the spread at $66/mo. Purchase price stands at $175,000, and rental yield measures 8.78% with $1,280/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 111.13% and total cumulative return in cash records $64,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,280/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1929
3,920 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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Listed by: Amy Barnes • Barnes Realty, Inc.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404572
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.