321 Piney Forest Rd,Danville,VA,24540

Investment Highlights

Rental property for sale in Danville at 321 Piney Forest Rd, Danville, VA, 24540 generates $1,590/mo in rent and, after a $1,072/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,590/mo, and annual cash flow is $3,369/yr on $72,599 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.71% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $92,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,590/mo property income rather than buyer’s personal income.