445 Norwood Dr,Danville,VA,24540

Investment Highlights

Investment property for sale in Danville at 445 Norwood Dr, Danville, VA, 24540 with 5% annual appreciation on a $194,800 basis while $1,906/mo rent supports operations. Total monthly income totals $1,906/mo and a $953/mo payment preserves $742/mo for cash returns. Annual cash flow comes to $8,904/yr on $64,576 deployed, and return on cash invested reaches 33.7% in year one. Equity gained on principal adds $1,257/yr, and five-year appreciation sums $53,820 alongside rental yield of 11.74%. Five-year ROI measures 176.49% and total cumulative return in cash totals $113,971.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,906/mo property income versus a $953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.