








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Monroe at 1 Waughs Ferry Xing, Monroe, VA, 24574 with 5% annual appreciation on a $209,900 basis while $1,560/mo rent supports operations. Total monthly income totals $1,560/mo and a $1,027/mo payment preserves $306/mo for cash returns. Annual cash flow comes to $3,667/yr on $69,582 deployed, and return on cash invested reaches 25.18% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 8.92%. Five-year ROI measures 130.86% and total cumulative return in cash totals $91,052.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,560/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24574, Monroe, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,312 (71.3%) |
| Renter Occupied HU | 244 (13.3%) |
| Vacant Housing Units | 283 (15.4%) |
| Median Home Value | $269,952 |
| Average Home Value | $290,543 |
Residential
1,642
Single Family
1,642
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $209,900 |
| 2010-01-21 | Sold | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Scuttle
Listed by: Ian Smith • Legacy Realty and Development
Mls Name: LMLS
Mls Provider:
Mls ID: #357846
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