852 Penrose PlDanvilleIN46122
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
Rental property for sale in Danville at 852 Penrose Pl, Danville, IN, 46122 priced at $408,585 pairs $2,797/mo rent with $344/mo cash flow after a $2,000/mo payment. Total monthly income equals $2,797/mo, and annual cash flow comes to $4,130/yr on $135,446 invested. Return on cash invested is 22.96% in year one, and rental yield stands at 8.21% on a $408,585 basis. Equity gained on principal adds $2,637/yr, and 5% annual appreciation accumulates to $112,885 by year five. Five-year ROI measures 118.98% and total cumulative return in cash reaches $161,147. For financing, Ziffy Mortgage’s DSCR program evaluates $2,797/mo property income against a $2,000/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46122, Danville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,372 (100%) |
| Owner Occupied HU | 5,687 (77.1%) |
| Renter Occupied HU | 1,515 (20.6%) |
| Vacant Housing Units | 170 ( 2.3%) |
| Median Home Value | $320,534 |
| Average Home Value | $354,582 |
Housing Distribution
Address Breakdown
Residential
7,196
Single Family
6,860
Multi-Family
336
Businesses
448
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