147 Parkland DrDanvilleVA24540
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 147 Parkland Dr, Danville, VA, 24540 in Danville: $1,590/mo in rent, $574/mo net, 11.23% gross yield, all on a $169,900 acquisition. The 2.08 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,940 in value, and $1,565/yr in principal paydown steadily builds equity. Projected total cumulative return: $101,235.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $574 | $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 | $1,590 |
| Total Monthly Debt Service | $948 |
| DSCR Ratio | 1.68x |
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 1957
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 4 Bed
- 3 Bath
- 1800 sft
- 3 Bed
- 2 Bath
- 1452 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 1957
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 4 Bed
- 3 Bath
- 1800 sft
- 3 Bed
- 2 Bath
- 1452 sft