1652 Franklin TpkeDanvilleVA24540
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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 1652 Franklin Tpke, Danville, VA, 24540 listed at $465,000 pairs $2,812/mo rent with a $2,276/mo payment to leave $32/mo cash flow. Total monthly income runs $2,812/mo, and annual cash flow reaches $387/yr on $154,148 cash to close. Return on cash invested measures 20.16% in year one, and rental yield registers 7.26% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 103.93% and total cumulative return in cash totals $160,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,812/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
2.22 Acres lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Ware • ELIZABETH WARE REALTORS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #71269
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