806 Gainsboro RdDavisIL61019
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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
Rental property for sale in Davis at 806 Gainsboro Rd, Davis, IL, 61019 priced at $198,000 converts $2,136/mo rent into $671/mo cash flow after a $969/mo obligation. Total monthly income equals $2,136/mo, and annual cash flow totals $8,054/yr on $65,637 invested. Return on cash invested prints 32.18% in year one, and rental yield reads 12.95% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 170.29% and total cumulative return in cash sums $111,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,136/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.36 Acres lot
$N/A/sqft
$1,099 annually 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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Listed by: Scott Wilke • Best Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503812
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