217 Waveland 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
Investment property for sale in Danville at 217 Waveland Ave, Danville, KY, 40422 at $237,000 posts ROI 27.95% with $527/mo cash flow from $1,969/mo rent. Total monthly income equals $1,969/mo, and annual cash flow records $6,319/yr on $78,566 to close. Return on cash invested measures 27.95% and rental yield reads 9.97% at the current $237,000. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 by year five. Five-year ROI prints 145.85% and total cumulative return in cash totals $114,584.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,969/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.58 Acres 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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