226 Orchard DrDanvilleKY40422
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
Rental property for sale in Danville at 226 Orchard Dr, Danville, KY, 40422 generates $1,114/mo in rent and, after a $680/mo payment, leaves $268/mo in cash flow. Total monthly income is $1,114/mo, and annual cash flow is $3,220/yr on $46,079 invested. Return on cash invested sits at 26.9% in year one, and rental yield is 9.62% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 140.23% and total cumulative return in cash sums $64,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,114/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
9,148 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris M Johnson • Plum Tree Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007250
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.