28305 Chestnut Ridge RdDanvilleOH43014
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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 28305 Chestnut Ridge Rd, Danville, OH, 43014 earns from $2,549/mo rent with a $2,668/mo payment. Total monthly income totals $2,549/mo. ROI tracks 13.12% on current figures, and rental yield reads 5.61% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 66.95% and total cumulative return in cash sums $120,036. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,549/mo property income instead of your personal income.
Single Family
Built in 2023
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43014, Danville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,467 (100%) |
| Owner Occupied HU | 1,018 (69.4%) |
| Renter Occupied HU | 317 (21.6%) |
| Vacant Housing Units | 132 ( 9.0%) |
| Median Home Value | $233,125 |
| Average Home Value | $365,506 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
72
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Listed by: Anntonette Spaulding • Lakefront Living Realty
Mls Name: KCBR
Mls ID: #20240531
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.