121 Fagan StDanvilleVA24540
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing121 Fagan St, Danville, VA, 24540 in Danville carries a 1.79 coverage ratio, rent of $1,492/mo is 1.79 times the $832/mo payment. Rental yield 6.39%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $185,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $51,112; total projected cumulative return: $94,829.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.2% |
| Monthly Cash Flow | $(182) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,492 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1945
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1505 sft
- 3 Bed
- 1 Bath
- 1125 sft
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
Single Family
Built in 1945
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1505 sft
- 3 Bed
- 1 Bath
- 1125 sft
Listed by: Diron Clements • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74467
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.