111 Circle DrDanvilleKY40422
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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
Rental property for sale in Danville at 111 Circle Dr, Danville, KY, 40422 priced at $115,900 pairs $878/mo rent with $173/mo cash flow after a $567/mo payment. Total monthly income equals $878/mo, and annual cash flow comes to $2,075/yr on $38,421 invested. Return on cash invested is 25.31% in year one, and rental yield stands at 9.09% on a $115,900 basis. Equity gained on principal adds $748/yr, and 5% annual appreciation accumulates to $32,021 by year five. Five-year ROI measures 131.69% and total cumulative return in cash reaches $50,596. For financing, Ziffy Mortgage’s DSCR program evaluates $878/mo property income against a $567/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,791 sqft 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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