241 Ridgecrest Dr, Danville, VA, 24540 | 3.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Danville at 241 Ridgecrest Dr, Danville, VA, 24540 priced at $439,900 converts $1,176/mo rent into after a $2,153/mo obligation. Total monthly income equals $1,176/mo. Return on cash invested prints 7.95% in year one, and rental yield reads 3.21% against a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,536 by year five. Five-year ROI reaches 38.43% and total cumulative return in cash sums $56,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,176/mo property income covering a $2,153/mo payment, not borrower’s personal income.

Single Family

Built in 1991

1.21 Acres lot

$N/A/sqft

No HOA