2108 Lake Summerset RdDavisIL61019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Davis at 2108 Lake Summerset Rd, Davis, IL, 61019 listed at $292,500 pairs $1,989/mo rent with a $1,432/mo payment. Total monthly income runs $1,989/mo. Return on cash invested measures 19.41% in year one, and rental yield registers 8.16% at a $292,500 basis. Equity gained on principal adds $1,887/yr, and annual property appreciation at 5% supports $80,812 by year five. Five-year ROI tracks 101.16% and total cumulative return in cash totals $98,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,989/mo property income relative to a $1,432/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices