2517 East RdDanvilleIL61832
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 Danville at 2517 East Rd, Danville, IL, 61832 uses $37,460 cash to close to unlock $2,467/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,050/mo, and a $553/mo payment keeps the spread at $206/mo. Purchase price stands at $113,000, and rental yield measures 11.15% with $1,050/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash records $52,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,050/mo property income covering a $553/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
