303 E Snyder StDavisIL61019
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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 Davis at 303 E Snyder St, Davis, IL, 61019 uses $62,985 cash to close to unlock $685/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $1,375/mo, and a $930/mo payment keeps the spread at $57/mo. Purchase price stands at $190,000, and rental yield measures 8.68% with $1,375/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 109.72% and total cumulative return in cash records $69,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,375/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1884
0.39 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
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