428 Silverbrook DrDanvilleKY40422
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
Investment property for sale in Danville at 428 Silverbrook Dr, Danville, KY, 40422 uses $106,080 cash to close to unlock $23,576/yr annual cash flow and $1,965/mo monthly cash flow. Total monthly income runs $3,912/mo, and a $1,566/mo payment keeps the spread at $1,965/mo. Purchase price stands at $320,000, and rental yield measures 14.67% with $3,912/mo rent. Return on cash invested shows 42.13% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 221.89% and total cumulative return in cash records $235,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,912/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terra Harrison • Re/Max Elite Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24013748
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.