302 Cedar StDanvilleOH43014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 302 Cedar St, Danville, OH, 43014 priced at $208,900 pairs $1,800/mo rent with $426/mo cash flow after a $1,022/mo payment. Total monthly income equals $1,800/mo, and annual cash flow comes to $5,116/yr on $69,250 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 10.34% on a $208,900 basis. Equity gained on principal adds $1,348/yr, and 5% annual appreciation accumulates to $57,715 by year five. Five-year ROI measures 143.02% and total cumulative return in cash reaches $99,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $1,022/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft 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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