1985 Blair Loop RdDanvilleVA24541
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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 1985 Blair Loop Rd, Danville, VA, 24541 uses $59,670 cash to close to unlock $4,092/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,417/mo, and a $881/mo payment keeps the spread at $341/mo. Purchase price stands at $180,000, and rental yield measures 9.45% with $1,417/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 139.33% and total cumulative return in cash records $83,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,417/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24541, Danville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,208 (100%) |
| Owner Occupied HU | 6,545 (46.1%) |
| Renter Occupied HU | 5,578 (39.3%) |
| Vacant Housing Units | 2,085 (14.7%) |
| Median Home Value | $162,672 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
13,028
Single Family
11,668
Multi-Family
1,360
Businesses
943
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Listed by: Kelly Oakes • ESKEY & ASSOCIATES REALTY
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #72331
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.