1130 N Vermilion StDanvilleIL61832
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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 Danville at 1130 N Vermilion St, Danville, IL, 61832 uses $45,416 cash to close to unlock $11,283/yr annual cash flow and $940/mo monthly cash flow. Total monthly income runs $1,891/mo, and a $671/mo payment keeps the spread at $940/mo. Purchase price stands at $137,000, and rental yield measures 16.56% with $1,891/mo rent. Return on cash invested shows 44.75% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 237.15% and total cumulative return in cash records $107,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,891/mo property income covering a $671/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61832, Danville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,410 (100%) |
| Owner Occupied HU | 7,791 (50.6%) |
| Renter Occupied HU | 5,398 (35.0%) |
| Vacant Housing Units | 2,221 (14.4%) |
| Median Home Value | $96,049 |
| Average Home Value | $135,574 |
Housing Distribution
Address Breakdown
Residential
14,513
Single Family
12,793
Multi-Family
1,720
Businesses
1,087
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