263 Mackey Rd, Danville, IN, 46122 | $548/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

263 Mackey Rd, Danville, IN, 46122 | $548/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1536 sft

1042 S County Road 600 W, Danville, IN, 46122

3 Bed
3 Bath
1832 sft

216 Creekside Dr, Danville, IN, 46122

3 Bed
3 Bath
2480 sft

591 Waterford Way, Danville, IN, 46122

3 Bed
2 Bath
1344 sft

1331 McCormicks Cir, Danville, IN, 46122

Nearby investment properties with comparable prices

3 Bed
2 Bath
1258 sft

46 Mill Spgs, Coatesville, IN, 46121

2 Bed
2 Bath
1192 sft

Rosewater Plan, Heritage Lake, Coatesville, IN, 46121

3 Bed
2 Bath
2120 sft

8308 W Main St, Coatesville, IN, 46121

2 Bed
2 Bath
1192 sft

196 Jefferson Valley, Coatesville, IN, 46121

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Danville at 263 Mackey Rd, Danville, IN, 46122 listed at $273,500 pairs $2,190/mo rent with a $1,339/mo payment to leave $548/mo cash flow. Total monthly income runs $2,190/mo, and annual cash flow reaches $6,574/yr on $90,665 cash to close. Return on cash invested measures 27.16% in year one, and rental yield registers 9.61% at a $273,500 basis. Equity gained on principal adds $1,765/yr, and annual property appreciation at 5% supports $75,563 by year five. Five-year ROI tracks 141.48% and total cumulative return in cash totals $128,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,190/mo property income relative to a $1,339/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss this 3 bedroom 1.5 bath home situated on a huge lot in the heart of Danville. Step through the front door into a cozy living room featuring hardwood floors and a picture window that lets in tons of natural light. The spacious kitchen offers newer appliances, ample cabinets, and opens onto the attached garage for convenience. Tucked away at one end of the hallway is a room that could be used as an office, a play room, or even a 4th bedroom, with 3 bedrooms at the opposite end of the hallway providing quiet and privacy. The primary bedroom boasts great square footage, a walk-in closet, and overlooks the beautiful backyard. Within the last 2 years the water heater has been replaced, the electrical panel has been upgraded, and a new HVAC system has been installed--from the ductwork, to the gas furnace and the AC unit, it is all brand new! Come see if this combination of convenient location, large lot, and home upgrades is the one you have been looking for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46122, Danville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,372 (100%)
Owner Occupied HU	5,687 (77.1%)
Renter Occupied HU	1,515 (20.6%)
Vacant Housing Units	170 ( 2.3%)
Median Home Value	$320,534
Average Home Value	$354,582