Metropolitan Area

Danville, IL

Illinois0
78
/100
Strong Buy
#43 of 894 metros
Top 5% nationally for investing

Market Snapshot

$99,458
Median Home Price
61% below national median
$891/mo
Median Rent
36% below national median
10.75%
Rent-to-Price Ratio
Top 1% nationally
+$58
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Home values and rents: available snapshot

Only one observation is stored for Danville, IL. A historical trend cannot be calculated from this snapshot.

Typical home value (ZHVI)
$99,458
Source period: 2026-05-31
Monthly rent index (ZORI)
$891
Source period: 2026-05-31

Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$99,458
Down Payment (20%)$19,892
Loan Amount$79,566
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$891
Monthly P&I-$521
Est. Expenses (35%)-$312
Net Cash Flow+$58/mo
7.0%
Cap Rate (all cash)
3.0%
Cash-on-Cash Return
10.75%
Rent-to-Price Ratio

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Score Breakdown

Overall Investment Score
78/100
78
Cash Flow(30%)
100/100

Based on 10.75% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
60/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
100/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (10.75%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

No significant challenges identified based on current data.

Counties in Danville, IL

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Current
Danville, IL
78$99,458$89110.75%Strong Buy

The Bottom Line

Strong BuyDanville, IL is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Danville, IL metro area scores 78/100, ranking #43 of 894 US metros (top 5%). The 10.75% rent-to-price ratio falls below the 1% monthly rent rule (12% annually). Check operating costs and financing before making an offer. At current rates with 20% down, a median-priced property could generate approximately $58/month in cash flow.

Monthly Cash Flow
+$58/mo
Cap Rate
7.0%
Cash-on-Cash
3.5%

Ready to Invest in Danville, IL?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.