107-109 E Mason AveDanvilleKY40422
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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 107-109 E Mason Ave, Danville, KY, 40422 uses $66,134 cash to close to unlock $1,143/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,309/mo, and a $976/mo payment keeps the spread at $95/mo. Purchase price stands at $199,500, and rental yield measures 7.87% with $1,309/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash records $74,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,309/mo property income covering a $976/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40422, Danville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,299 (100%) |
| Owner Occupied HU | 6,664 (59.0%) |
| Renter Occupied HU | 3,609 (31.9%) |
| Vacant Housing Units | 1,026 ( 9.1%) |
| Median Home Value | $227,402 |
| Average Home Value | $271,310 |
Housing Distribution
Address Breakdown
Residential
10,212
Single Family
9,841
Multi-Family
371
Businesses
952
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Listed by: Nina Kirkland • Coldwell Banker Vip Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24021767
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.