453 Parker Rd, Danville, VA, 24540 | 6.78% Rental Yield

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Danville at 453 Parker Rd, Danville, VA, 24540 generates $2,131/mo in rent, after a $1,845/mo payment. Total monthly income is $2,131/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 6.78% on a $377,000 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,158 over five years. Five-year ROI reaches 96.27% and total cumulative return in cash sums $120,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,131/mo property income rather than buyer’s personal income.

Single Family

Built in 1976

0.62 Acres lot

$N/A/sqft

No HOA