Courtyard 1601 Plan, Quail WestDanvilleIN46122
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, Courtyard 1601 Plan, Quail West, Danville, IN, 46122 in Danville earns a 9.7% gross yield at $297,990. Rent of $2,410/mo nets $621/mo after the $1,340/mo mortgage. The 1.80 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $82,329 and $2,745/yr in equity accumulation project a total cumulative return of $152,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $621 | $300 |
City averages based on Danville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,410 |
| Total Monthly Debt Service | $1,670 |
| DSCR Ratio | 1.44x |
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.
Condo
Built in 2026
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
Condo
Built in 2026
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
