576 Ingram StDanvilleVA24540
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 576 Ingram St, Danville, VA, 24540 offers $1,206/mo rent that, after a $563/mo payment, leaves $518/mo cash flow. Total monthly income is $1,206/mo, and annual cash flow is $6,221/yr on $38,123 cash. Return on cash invested measures 36.23% in year one, and rental yield stands at 12.58% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 190.15% and total cumulative return in cash reaches $72,489. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,206/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Powell • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #358972
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.