3167 E Voorhees StDanvilleIL61834
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 3167 E Voorhees St, Danville, IL, 61834 offers a 12.11% rental yield on a $178,900 purchase with $1,806/mo rent. Total monthly income registers $1,806/mo, and a $876/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,777/yr on $59,305 to close, and return on cash invested stands at 31.34% in year one. Equity gained on principal adds $1,154/yr while 5% annual appreciation supports $49,427 over five years. Portfolio math shows five-year ROI at 165.1% and total cumulative return in cash at $97,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,806/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61834, Danville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,350 (100%) |
| Owner Occupied HU | 2,341 (69.9%) |
| Renter Occupied HU | 726 (21.7%) |
| Vacant Housing Units | 283 ( 8.4%) |
| Median Home Value | $158,947 |
| Average Home Value | $176,038 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,788
Multi-Family
25
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices