1210 Lakeridge CtDanvilleIL61832
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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 1210 Lakeridge Ct, Danville, IL, 61832 earns $160/mo cash flow from $2,858/mo rent with a $1,904/mo payment. Total monthly income totals $2,858/mo, and annual cash flow totals $1,918/yr on $128,949 capital. ROI tracks 21.4% on current figures, and rental yield reads 8.82% at a $388,986 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,470 over five years. Five-year ROI reaches 111.8% and total cumulative return in cash sums $144,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,858/mo property income instead of your personal income.
Single Family
Built in N/A
0.44 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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