2002 N Main St,Danville,VA,24540

Investment Highlights

Investment property for sale in Danville at 2002 N Main St, Danville, VA, 24540 uses $71,306 cash to close to unlock $14,448/yr annual cash flow and $1,204/mo monthly cash flow. Total monthly income runs $2,490/mo, and a $1,053/mo payment keeps the spread at $1,204/mo. Purchase price stands at $215,100, and rental yield measures 13.89% with $2,490/mo rent. Return on cash invested shows 40.17% in year one, and 5% annual appreciation builds toward $59,428 over five years. Five-year ROI reaches 211.2% and total cumulative return in cash records $150,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $1,053/mo payment rather than investor’s personal income.