636 Edmonds StDanvilleVA24541
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 636 Edmonds St, Danville, VA, 24541 with 5% annual appreciation on a $143,000 basis while $1,117/mo rent supports operations. Total monthly income totals $1,117/mo and a $700/mo payment preserves $262/mo for cash returns. Annual cash flow comes to $3,145/yr on $47,405 deployed, and return on cash invested reaches 26.54% in year one. Equity gained on principal adds $923/yr, and five-year appreciation sums $39,508 alongside rental yield of 9.37%. Five-year ROI measures 138.25% and total cumulative return in cash totals $65,536.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,117/mo property income versus a $700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24541, Danville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,208 (100%) |
| Owner Occupied HU | 6,545 (46.1%) |
| Renter Occupied HU | 5,578 (39.3%) |
| Vacant Housing Units | 2,085 (14.7%) |
| Median Home Value | $162,672 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
13,028
Single Family
11,668
Multi-Family
1,360
Businesses
943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices