1037 Water StDanvillePA17821
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Nearby investment properties with comparable prices
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 1037 Water St, Danville, PA, 17821 offers a 9.29% rental yield on a $196,000 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $959/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,796/yr on $64,974 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,265/yr while 5% annual appreciation supports $54,151 over five years. Portfolio math shows five-year ROI at 126.38% and total cumulative return in cash at $82,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17821, Danville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 5,963 (67.9%) |
| Renter Occupied HU | 2,186 (24.9%) |
| Vacant Housing Units | 630 ( 7.2%) |
| Median Home Value | $300,351 |
| Average Home Value | $363,222 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
8,111
Multi-Family
445
Businesses
529
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Listed by: Chuck Yost • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PAMN2000418