Danville, IL — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Cap Rate

9.3%

Above average

Monthly Cash Flow

+$198

After all expenses

Price-to-Rent

8.1

Investor-friendly

DSCR

1.46

Passes lender test

📊 Key Metrics

Median Home Price
$125,741
Average Rent (3BR)
$1,240/mo
Price-to-Rent Ratio
8.1(good)
1% Rule
1.12%(passes)
Cash-on-Cash Return
12.9%
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 Danville for Investors

61832
Cap Rate: 16.7%Cash Flow: +$541/mo$63,247
61833
Cap Rate: 12.6%Cash Flow: +$433/mo$84,130
61817
Cap Rate: 6.1%Cash Flow: -$37/mo$167,352

All Zip Codes in Danville

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
6183216.7%+$541$63,247$1,180/mo2.61
6183312.6%+$433$84,130$1,220/mo1.97
618176.1%-$37$167,352$1,330/mo0.96
618344.9%-$229$187,266$1,260/mo0.77