1319 Vera BlvdDanvilleIN46122
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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 1319 Vera Blvd, Danville, IN, 46122 uses $121,196 cash to close to unlock $7,234/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $2,797/mo, and a $1,789/mo payment keeps the spread at $603/mo. Purchase price stands at $365,600, and rental yield measures 9.18% with $2,797/mo rent. Return on cash invested shows 25.88% in year one, and 5% annual appreciation builds toward $101,009 over five years. Five-year ROI reaches 134.6% and total cumulative return in cash records $163,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,797/mo property income covering a $1,789/mo payment rather than investor’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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