198 W Mason AveDanvilleKY40422
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Nearby investment properties with comparable prices
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 198 W Mason Ave, Danville, KY, 40422 priced at $197,500 pairs $1,715/mo rent with $513/mo cash flow after a $967/mo payment. Total monthly income equals $1,715/mo, and annual cash flow comes to $6,152/yr on $65,471 invested. Return on cash invested is 29.31% in year one, and rental yield stands at 10.42% on a $197,500 basis. Equity gained on principal adds $1,274/yr, and 5% annual appreciation accumulates to $54,566 by year five. Five-year ROI measures 153.1% and total cumulative return in cash reaches $100,239. For financing, Ziffy Mortgage’s DSCR program evaluates $1,715/mo property income against a $967/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40422, Danville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,299 (100%) |
| Owner Occupied HU | 6,664 (59.0%) |
| Renter Occupied HU | 3,609 (31.9%) |
| Vacant Housing Units | 1,026 ( 9.1%) |
| Median Home Value | $227,402 |
| Average Home Value | $271,310 |
Housing Distribution
Address Breakdown
Residential
10,212
Single Family
9,841
Multi-Family
371
Businesses
952
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Listed by: Susan Hunstad • Coldwell Banker Vip Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009586
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.