306 E Pearl 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 306 E Pearl St, Danvers, IL, 61732 at $189,900 posts ROI 30.74% with $568/mo cash flow from $1,885/mo rent. Total monthly income equals $1,885/mo, and annual cash flow records $6,819/yr on $62,952 to close. Return on cash invested measures 30.74% and rental yield reads 11.91% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 161.96% and total cumulative return in cash totals $101,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,885/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
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
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