2264 Orphanage RdDanvilleVA24540
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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 2264 Orphanage Rd, Danville, VA, 24540 generates $1,678/mo in rent and, after a $881/mo payment, leaves $602/mo in cash flow. Total monthly income is $1,678/mo, and annual cash flow is $7,224/yr on $59,670 invested. Return on cash invested sits at 32.02% in year one, and rental yield is 11.19% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 167.49% and total cumulative return in cash sums $99,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,678/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.69 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lucinda Scruggs • QUALITY REALTY
Mls Name: RVAR
Mls Provider:
Mls ID: #915984
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