1040 E Market StDanvillePA17821
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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 1040 E Market St, Danville, PA, 17821 offers a 9.02% rental yield on a $136,000 purchase with $1,022/mo rent. Total monthly income registers $1,022/mo, and a $666/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,566/yr on $45,084 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $878/yr while 5% annual appreciation supports $37,574 over five years. Portfolio math shows five-year ROI at 122.02% and total cumulative return in cash at $55,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1856
6,969 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: TRISH A RUTH • VILLAGER REALTY, INC. - DANVILLE
Mls Name: CSVBOR
Mls ID: #20-99720
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.