318 Locust LnDanvillePA17821
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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 318 Locust Ln, Danville, PA, 17821 earns from $2,789/mo rent with a $2,398/mo payment. Total monthly income totals $2,789/mo. ROI tracks 16.8% on current figures, and rental yield reads 6.83% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 86.63% and total cumulative return in cash sums $140,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,789/mo property income instead of your personal income.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17821, Danville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 5,963 (67.9%) |
| Renter Occupied HU | 2,186 (24.9%) |
| Vacant Housing Units | 630 ( 7.2%) |
| Median Home Value | $300,351 |
| Average Home Value | $363,222 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
8,111
Multi-Family
445
Businesses
529
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Listed by: MONICA ROOT • VILLAGER REALTY, INC. - DANVILLE
Mls Name: CSVBOR
Mls ID: #C-301