4-A Charleston GreeneDanvilleKY40422
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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
Rental property for sale in Danville at 4-A Charleston Greene, Danville, KY, 40422 generates $2,995/mo in rent and, after a $1,855/mo payment, leaves $538/mo in cash flow. Total monthly income is $2,995/mo, and annual cash flow is $6,460/yr on $125,639 invested. Return on cash invested sits at 25.05% in year one, and rental yield is 9.48% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 130.82% and total cumulative return in cash sums $164,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,995/mo property income rather than buyer’s personal income.
Condo
Built in 1990
2,483 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40422, Danville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,299 (100%) |
| Owner Occupied HU | 6,664 (59.0%) |
| Renter Occupied HU | 3,609 (31.9%) |
| Vacant Housing Units | 1,026 ( 9.1%) |
| Median Home Value | $227,402 |
| Average Home Value | $271,310 |
Housing Distribution
Address Breakdown
Residential
10,212
Single Family
9,841
Multi-Family
371
Businesses
952
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Listed by: Ann F Evans • Freeman And Dedman Re & Auct
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005256
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.