301 E Pearl StDanversIL61732
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 301 E Pearl St, Danvers, IL, 61732 in Danvers is straightforward: $159,900 in, $1,457/mo in rent, $348/mo out after debt service. The 10.93% gross yield and 2.03 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $44,177 by year five. With $1,473/yr in principal equity, the total cumulative return is projected at $83,563.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $348 | $1,200 |
City averages based on Danvers market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,457 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1894
6,969 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
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
Single Family
Built in 1894
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices