222 Locust LnDanvilleVA24540
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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 222 Locust Ln, Danville, VA, 24540 at $108,000 posts ROI 26.51% with $197/mo cash flow from $843/mo rent. Total monthly income equals $843/mo, and annual cash flow records $2,364/yr on $35,802 to close. Return on cash invested measures 26.51% and rental yield reads 9.37% at the current $108,000. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 by year five. Five-year ROI prints 137.98% and total cumulative return in cash totals $49,400.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $843/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Jodi Coleman • HAUSER REALTY GROUP
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #73506
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.