2004 N Main StDanvilleVA24540
Nearby investment properties with comparable rents
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
Investment property for sale in Danville at 2004 N Main St, Danville, VA, 24540 offers a 14.85% rental yield on a $140,000 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $685/mo payment leaves $896/mo available for distribution. Annual cash flow reaches $10,756/yr on $46,410 to close, and return on cash invested stands at 43.09% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 226.91% and total cumulative return in cash at $105,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Smith • WELCOME HOME REALTY INC
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74362
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.