417 Market StDanvilleOH43014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 417 Market St, Danville, OH, 43014 offers $1,800/mo rent that, after a $1,101/mo payment, leaves $320/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $3,845/yr on $74,554 cash. Return on cash invested measures 25.07% in year one, and rental yield stands at 9.6% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 131.05% and total cumulative return in cash reaches $97,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43014, Danville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,467 (100%) |
| Owner Occupied HU | 1,018 (69.4%) |
| Renter Occupied HU | 317 (21.6%) |
| Vacant Housing Units | 132 ( 9.0%) |
| Median Home Value | $233,125 |
| Average Home Value | $365,506 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
72
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