407 Airport DrDanvilleVA24540
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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 407 Airport Dr, Danville, VA, 24540 offers a 10.71% rental yield on a $225,000 purchase with $2,008/mo rent. Total monthly income registers $2,008/mo, and a $1,101/mo payment leaves $663/mo available for distribution. Annual cash flow reaches $7,959/yr on $74,588 to close, and return on cash invested stands at 30.58% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 159.82% and total cumulative return in cash at $119,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,008/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Brenda English • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #75031
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