108 Hillcrest DrDanvilleOH43014
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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
Rental property for sale in Danville at 108 Hillcrest Dr, Danville, OH, 43014 priced at $414,000 converts $1,800/mo rent into after a $2,026/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 11.84% in year one, and rental yield reads 5.22% against a $414,000 entry. Equity gained on principal adds $2,671/yr, while 5% annual appreciation compiles into $114,381 by year five. Five-year ROI reaches 60.11% and total cumulative return in cash sums $82,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $2,026/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.65 Acres 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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Listed by: Robert Harrod • Re/Max Stars
Mls Name: KCBR
Mls ID: #20240678
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