205 E Park StDanversIL61732
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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 205 E Park St, Danvers, IL, 61732 listed at $175,000 pairs $1,440/mo rent with a $857/mo payment to leave $226/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $2,708/yr on $58,013 cash to close. Return on cash invested measures 24.58% in year one, and rental yield registers 9.87% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 128.88% and total cumulative return in cash totals $74,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
7,405 sqft 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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