1845 Halifax RdDanvilleVA24540
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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 1845 Halifax Rd, Danville, VA, 24540 offers $869/mo rent that, after a $556/mo payment, leaves $190/mo cash flow. Total monthly income is $869/mo, and annual cash flow is $2,280/yr on $37,625 cash. Return on cash invested measures 25.97% in year one, and rental yield stands at 9.19% at a $113,500 entry. Equity gained on principal adds $732/yr while 5% annual appreciation compounds into $31,358 by year five. Five-year ROI records 135.18% and total cumulative return in cash reaches $50,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $869/mo property income versus a $556/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Whitney Fitzgerald • KELLER WILLIAMS
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74270
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.