94 Eddy RdDanvilleAL35619
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 94 Eddy Rd, Danville, AL, 35619 offers a 9.04% rental yield on a $189,900 purchase with $1,430/mo rent. Total monthly income registers $1,430/mo, and a $929/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,303/yr on $62,952 to close, and return on cash invested stands at 26.74% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 138.8% and total cumulative return in cash at $87,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,430/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35619, Danville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,847 (76.3%) |
| Renter Occupied HU | 354 (14.6%) |
| Vacant Housing Units | 219 ( 9.0%) |
| Median Home Value | $251,798 |
| Average Home Value | $251,569 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
66
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