4 Miller LnDanvilleIL61832
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
Rental property for sale in Danville at 4 Miller Ln, Danville, IL, 61832 priced at $100,000 pairs $1,072/mo rent with $379/mo cash flow after a $489/mo payment. Total monthly income equals $1,072/mo, and annual cash flow comes to $4,546/yr on $33,150 invested. Return on cash invested is 33.62% in year one, and rental yield stands at 12.86% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 177.39% and total cumulative return in cash reaches $58,804. For financing, Ziffy Mortgage’s DSCR program evaluates $1,072/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
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
