16036 King RdDanversIL61732
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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 Danvers at 16036 King Rd, Danvers, IL, 61732 earns $454/mo cash flow from $5,414/mo rent with a $3,500/mo payment. Total monthly income totals $5,414/mo, and annual cash flow totals $5,450/yr on $235,235 capital. ROI tracks 22.38% on current figures, and rental yield reads 9.09% at a $715,000 purchase. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $275,337. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,414/mo property income instead of your personal income.
Single Family
Built in 1994
10.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61732, Danvers, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 691 (82.9%) |
| Renter Occupied HU | 109 (13.1%) |
| Vacant Housing Units | 34 ( 4.1%) |
| Median Home Value | $282,447 |
| Average Home Value | $284,012 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
554
Multi-Family
20
Businesses
28
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Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1247082
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.