6089 Kenridge CirDanvilleVA24540
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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
Investment Highlights
Rental property for sale in Danville at 6089 Kenridge Cir, Danville, VA, 24540 priced at $221,500 pairs $2,063/mo rent with $739/mo cash flow after a $1,084/mo payment. Total monthly income equals $2,063/mo, and annual cash flow comes to $8,868/yr on $73,427 invested. Return on cash invested is 31.99% in year one, and rental yield stands at 11.18% on a $221,500 basis. Equity gained on principal adds $1,429/yr, and 5% annual appreciation accumulates to $61,196 by year five. Five-year ROI measures 167.38% and total cumulative return in cash reaches $122,906. For financing, Ziffy Mortgage’s DSCR program evaluates $2,063/mo property income against a $1,084/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
0.92 Acres lot
$N/A/sqft
No HOA
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Listed by: John Quinn • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #71212
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