916 N Main StDanvilleVA24540
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 916 N Main St, Danville, VA, 24540 offers a 9.47% rental yield on a $105,000 purchase with $829/mo rent. Total monthly income registers $829/mo, and a $514/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,415/yr on $34,808 to close, and return on cash invested stands at 26.85% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 139.87% and total cumulative return in cash at $48,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $829/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices