1 Lake Summerset RdDavisIL61019
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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 Davis at 1 Lake Summerset Rd, Davis, IL, 61019 at $319,000 posts ROI 22.51% with $229/mo cash flow from $2,519/mo rent. Total monthly income equals $2,519/mo, and annual cash flow records $2,748/yr on $105,749 to close. Return on cash invested measures 22.51% and rental yield reads 9.48% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 118.12% and total cumulative return in cash totals $124,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.42 Acres lot
$N/A/sqft
$932 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61019, Davis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,355 (70.1%) |
| Renter Occupied HU | 144 ( 7.4%) |
| Vacant Housing Units | 434 (22.5%) |
| Median Home Value | $239,952 |
| Average Home Value | $262,063 |
Housing Distribution
Address Breakdown
Residential
1,625
Single Family
1,625
Multi-Family
0
Businesses
34
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Listed by: Patricia Tynan • Best Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202305166
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.