102 S Cedar StDanvilleOH43014
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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
Investment property for sale in Danville at 102 S Cedar St, Danville, OH, 43014 uses $48,068 cash to close to unlock $2,279/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,144/mo, and a $710/mo payment keeps the spread at $190/mo. Purchase price stands at $145,000, and rental yield measures 9.47% with $1,144/mo rent. Return on cash invested shows 24.65% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 128.76% and total cumulative return in cash records $61,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,144/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43014, Danville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,467 (100%) |
| Owner Occupied HU | 1,018 (69.4%) |
| Renter Occupied HU | 317 (21.6%) |
| Vacant Housing Units | 132 ( 9.0%) |
| Median Home Value | $233,125 |
| Average Home Value | $365,506 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
72
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