211 Layton AveDanvilleVA24540
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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
Rental property for sale in Danville at 211 Layton Ave, Danville, VA, 24540 generates $1,718/mo in rent and, after a $1,219/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,718/mo, and annual cash flow is $2,751/yr on $82,544 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.28% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 120.47% and total cumulative return in cash sums $99,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,761 sqft lot
$N/A/sqft
No HOA
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Listed by: John Quinn • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74142
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