6745 Six Mile RdDanvilleWV25053
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 6745 Six Mile Rd, Danville, WV, 25053 at $185,000 posts ROI 29.52% with $491/mo cash flow from $1,583/mo rent. Total monthly income equals $1,583/mo, and annual cash flow records $5,894/yr on $61,328 to close. Return on cash invested measures 29.52% and rental yield reads 10.27% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 154.08% and total cumulative return in cash totals $94,491.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,583/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25053, Danville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,241 (66.6%) |
| Renter Occupied HU | 376 (20.2%) |
| Vacant Housing Units | 245 (13.2%) |
| Median Home Value | $130,444 |
| Average Home Value | $174,897 |
Housing Distribution
Address Breakdown
Residential
1,214
Single Family
1,140
Multi-Family
74
Businesses
125
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Listed by: Taylor Ramsey • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11457917