1550 Washington StDanvilleVA24540
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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
Rental property for sale in Danville at 1550 Washington St, Danville, VA, 24540 generates $1,143/mo in rent and, after a $710/mo payment, leaves $276/mo in cash flow. Total monthly income is $1,143/mo, and annual cash flow is $3,311/yr on $48,068 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 9.46% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash sums $67,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,143/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Latasha Austin • EXP Realty LLC
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74011
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