Dominica Spring Plan, Pheasant GroveDanvilleIN46122
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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 Dominica Spring Plan, Pheasant Grove, Danville, IN, 46122 with 5% annual appreciation on a $299,990 basis while $2,423/mo rent supports operations. Total monthly income totals $2,423/mo and a $1,468/mo payment preserves $623/mo for cash returns. Annual cash flow comes to $7,470/yr on $99,447 deployed, and return on cash invested reaches 27.42% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,882 alongside rental yield of 9.69%. Five-year ROI measures 142.89% and total cumulative return in cash totals $142,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,423/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
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
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