307 3rd Ave, Danville, VA, 24540 | $131/mo Cash Flow

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 307 3rd Ave, Danville, VA, 24540 priced at $174,900 converts $1,176/mo rent into $131/mo cash flow after a $856/mo obligation. Total monthly income equals $1,176/mo, and annual cash flow totals $1,566/yr on $57,979 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 8.07% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 117.08% and total cumulative return in cash sums $67,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,176/mo property income covering a $856/mo payment, not borrower’s personal income.

Single Family

Built in 1910

0.30 Acres lot

$N/A/sqft

No HOA