Is Danville City, VA good for real estate investing?

Danville City has an investment score of 75/100, rated as "Strong Buy". The county ranks #53 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Danville City?

The rent-to-price ratio in Danville City is 10.55% annually, which ranks in the 99th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Danville City?

The median home price in Danville City is $135,583. This ranks #112 in affordability among all US counties.

Can you cash flow on rental properties in Danville City?

Based on median values with 20% down at current rates, a typical rental in Danville City would generate positive cash flow of $65/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Danville City

VirginiaPopulation: 42,507

/100

Strong Buy

#53 of 1,000 counties

#7 in Virginia (133 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated September 7, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$135,583

Median Home Price

41% below national median

$1,192/mo

Median Rent

18% below national median

10.55%

Rent-to-Price Ratio

Top 1% nationally

+$65

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $1,192/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$101,687	+$242/mo	9.2%	+12.4%
Median typical MLS deal	$135,583	+$65/mo	6.9%	+2.5%
125% of median newer / premium	$169,479	-$113/mo	5.5%	-3.5%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$135,583

Down Payment (20%)$27,117

Loan Amount$108,466

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,192

Monthly P&I-$711

Est. Expenses (35%)-$417

Net Cash Flow+$65/mo

6.9%

Cap Rate (all cash)

2.5%

Cash-on-Cash Return

10.55%

Rent-to-Price Ratio

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

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Score Breakdown

Overall Investment Score

75/100

Cash Flow(30%)

100/100

Based on 10.55% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

52/100

Based on 0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

100/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (10.55%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

No significant challenges identified based on current data.

Economic Indicators

Population

42,507

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+Value-add operators who can buy below median and force rent up

Compare to Nearby Counties

County					Verdict
Covington CityVA	77	$96,187	Est. pending	—	Strong Buy	View
LeeVA	76	$111,349	Est. pending	—	Strong Buy	View
CurrentDanville CityVA	75	$135,583	$1,192	10.55%	Strong Buy
MecklenburgVA	70	$212,716	$1,492	8.42%	Buy	View
Franklin CityVA	70	$224,286	Est. pending	—	Buy	View
DinwiddieVA	69	$295,196	Est. pending	—	Buy	View

The Bottom Line

Strong BuyDanville City is a strong buy market with excellent fundamentals for buy-and-hold investors.

Danville City in Virginia scores 75/100, ranking #53 of 1,000 US counties (top 7%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow (10.55% gross rent-to-price ratio). The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$65/mo

Cap Rate

6.9%

Cash-on-Cash

2.5%