188 Hamlin Ave,Danville,VA,24540

Investment Highlights

Rental property for sale in Danville at 188 Hamlin Ave, Danville, VA, 24540 priced at $125,000 pairs $1,220/mo rent with $473/mo cash flow after a $612/mo payment. Total monthly income equals $1,220/mo, and annual cash flow comes to $5,671/yr on $41,438 invested. Return on cash invested is 33.59% in year one, and rental yield stands at 11.71% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 176.03% and total cumulative return in cash reaches $72,941. For financing, Ziffy Mortgage’s DSCR program evaluates $1,220/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.