Ashton Plan, Northwood HavenDanvilleIN46122
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at Ashton Plan, Northwood Haven, Danville, IN, 46122 in Danville speaks for itself: 10.25% gross on a $280,995 price, generating $2,400/mo in rent and $713/mo in net income after the $1,264/mo debt service. DSCR 1.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,559 stacks alongside $77,634 in projected five-year appreciation and $2,588/yr in principal reduction. Projected total cumulative return: $152,211.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $713 | $300 |
City averages based on Danville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,575 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
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
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
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
