124 Palmer DrDanvillePA17821
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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 124 Palmer Dr, Danville, PA, 17821 with 5% annual appreciation on a $245,000 basis while $2,321/mo rent supports operations. Total monthly income totals $2,321/mo and a $1,199/mo payment preserves $716/mo for cash returns. Annual cash flow comes to $8,589/yr on $81,218 deployed, and return on cash invested reaches 30.48% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 11.37%. Five-year ROI measures 160.01% and total cumulative return in cash totals $129,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,321/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1993
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17821, Danville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 5,963 (67.9%) |
| Renter Occupied HU | 2,186 (24.9%) |
| Vacant Housing Units | 630 ( 7.2%) |
| Median Home Value | $300,351 |
| Average Home Value | $363,222 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
8,111
Multi-Family
445
Businesses
529
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Listed by: MONICA ROOT • VILLAGER REALTY, INC. - DANVILLE
Mls Name: CSVBOR
Mls ID: #20-100967
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.