150 Westmore DrDanvilleVA24541
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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 150 Westmore Dr, Danville, VA, 24541 uses $37,294 cash to close to unlock $2,305/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $865/mo, and a $551/mo payment keeps the spread at $192/mo. Purchase price stands at $112,500, and rental yield measures 9.23% with $865/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 135.86% and total cumulative return in cash records $50,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $865/mo property income covering a $551/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24541, Danville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,208 (100%) |
| Owner Occupied HU | 6,545 (46.1%) |
| Renter Occupied HU | 5,578 (39.3%) |
| Vacant Housing Units | 2,085 (14.7%) |
| Median Home Value | $162,672 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
13,028
Single Family
11,668
Multi-Family
1,360
Businesses
943
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