103 Celebrity LnIvanhoeVA24350
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
Investment Highlights
Rental property for sale in Ivanhoe at 103 Celebrity Ln, Ivanhoe, VA, 24350 priced at $149,900 pairs $1,194/mo rent with $298/mo cash flow after a $734/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $3,571/yr on $49,692 invested. Return on cash invested is 27.1% in year one, and rental yield stands at 9.56% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 141.15% and total cumulative return in cash reaches $70,139. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1987
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24350, Ivanhoe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 386 (64.2%) |
| Renter Occupied HU | 76 (12.6%) |
| Vacant Housing Units | 139 (23.1%) |
| Median Home Value | $106,466 |
| Average Home Value | $139,773 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
15
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