1632 Edgewood DrDavisIL61019
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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
Rental property for sale in Davis at 1632 Edgewood Dr, Davis, IL, 61019 generates $2,368/mo in rent and, after a $1,366/mo payment, leaves $341/mo in cash flow. Total monthly income is $2,368/mo, and annual cash flow is $4,089/yr on $92,489 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 10.18% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 127.96% and total cumulative return in cash sums $118,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,368/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.32 Acres lot
$N/A/sqft
$1,099 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: Scott Wilke • Best Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501864
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.