228 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 228 Locust Ln, Danville, VA, 24540 at $104,900 posts ROI 27.06% with $207/mo cash flow from $834/mo rent. Total monthly income equals $834/mo, and annual cash flow records $2,488/yr on $34,774 to close. Return on cash invested measures 27.06% and rental yield reads 9.54% at the current $104,900. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 by year five. Five-year ROI prints 141.02% and total cumulative return in cash totals $49,038.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: David Smith • ESKEY & ASSOCIATES REALTY
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #67816
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.