1037 Cascade DrPembrokeVA24136
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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
Rental property for sale in Pembroke at 1037 Cascade Dr, Pembroke, VA, 24136 generates $1,836/mo in rent and, after a $1,273/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,836/mo, and annual cash flow is $3,376/yr on $86,190 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 8.47% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 123.61% and total cumulative return in cash sums $106,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,836/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24136, Pembroke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,672 (100%) |
| Owner Occupied HU | 1,118 (66.9%) |
| Renter Occupied HU | 311 (18.6%) |
| Vacant Housing Units | 243 (14.5%) |
| Median Home Value | $224,107 |
| Average Home Value | $320,380 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,304
Multi-Family
27
Businesses
81
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Listed by: Joe Davidson • MR Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #425505
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.