744 Mount View DrDanvilleVA24541
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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
Investment property for sale in Danville at 744 Mount View Dr, Danville, VA, 24541 uses $52,709 cash to close to unlock $3,669/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $1,256/mo, and a $778/mo payment keeps the spread at $306/mo. Purchase price stands at $159,000, and rental yield measures 9.48% with $1,256/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 139.9% and total cumulative return in cash records $73,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,256/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.51 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
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