706 N Daisy LnDanvilleIL61834
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 706 N Daisy Ln, Danville, IL, 61834 in Danville is capital appreciation. Rental yield 4.24%. The 4.24% gross yield at $284,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $78,464 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.79) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $46,434.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 10.0% |
| Monthly Cash Flow | $(967) | $300 |
City averages based on Danville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,003 |
| Total Monthly Debt Service | $1,857 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2006
12.80 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
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
Manufactured
Built in 2006
12.80 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
