Danvers, IL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.5%

Below average

Monthly Cash Flow

-$377

After all expenses

Price-to-Rent

13.1

Investor-friendly

DSCR

0.71

Fails

📊 Key Metrics

Median Home Price
$244,470
Average Rent (3BR)
$1,550/mo
Price-to-Rent Ratio
13.1(good)
1% Rule
0.63%(fails — need 1%+)
Cash-on-Cash Return
-8.0%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Danvers for Investors

61732
Cap Rate: 4.5%Cash Flow: -$377/mo$244,470
61732
Cap Rate: 4.5%Cash Flow: -$377/mo$244,470

All Zip Codes in Danvers

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
617324.5%-$377$244,470$1,550/mo0.71
617324.5%-$377$244,470$1,550/mo0.71