1196 Galaxy LnDanvilleIN46122
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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 1196 Galaxy Ln, Danville, IN, 46122 generates $2,797/mo in rent and, after a $1,860/mo payment, leaves $516/mo in cash flow. Total monthly income is $2,797/mo, and annual cash flow is $6,190/yr on $125,968 invested. Return on cash invested sits at 24.82% in year one, and rental yield is 8.83% on a $379,995 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,986 over five years. Five-year ROI reaches 128.95% and total cumulative return in cash sums $162,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,797/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46122, Danville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,372 (100%) |
| Owner Occupied HU | 5,687 (77.1%) |
| Renter Occupied HU | 1,515 (20.6%) |
| Vacant Housing Units | 170 ( 2.3%) |
| Median Home Value | $320,534 |
| Average Home Value | $354,582 |
Housing Distribution
Address Breakdown
Residential
7,196
Single Family
6,860
Multi-Family
336
Businesses
448
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