775 Red LnDanvillePA17821
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 775 Red Ln, Danville, PA, 17821 offers a 9.16% rental yield on a $349,900 purchase with $2,671/mo rent. Total monthly income registers $2,671/mo, and a $1,713/mo payment leaves $378/mo available for distribution. Annual cash flow reaches $4,533/yr on $115,992 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 124.27% and total cumulative return in cash at $144,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,671/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17821, Danville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 5,963 (67.9%) |
| Renter Occupied HU | 2,186 (24.9%) |
| Vacant Housing Units | 630 ( 7.2%) |
| Median Home Value | $300,351 |
| Average Home Value | $363,222 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
8,111
Multi-Family
445
Businesses
529
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Listed by: Erica Mowrey • Iron Valley Real Estate North Central Pa
Mls Name: West Branch Valley AOR
Mls ID: #WB-101399
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.