1050 Low Ground RdEmporiaVA23847
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1050 Low Ground Rd, Emporia, VA, 23847 in Emporia worth modelling. At $110,000 with a 9.16% gross yield, the $840/mo rent leaves $182/mo after the $495/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,391 by year five; $1,013/yr in principal reduction adds further equity. Total projected return: $53,329.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $182 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $614 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23847, Emporia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 3,117 (50.5%) |
| Renter Occupied HU | 2,190 (35.5%) |
| Vacant Housing Units | 868 (14.1%) |
| Median Home Value | $161,052 |
| Average Home Value | $194,820 |
Housing Distribution
Address Breakdown
Residential
5,630
Single Family
5,559
Multi-Family
71
Businesses
562
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
Single Family
Built in 2005
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23847, Emporia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 3,117 (50.5%) |
| Renter Occupied HU | 2,190 (35.5%) |
| Vacant Housing Units | 868 (14.1%) |
| Median Home Value | $161,052 |
| Average Home Value | $194,820 |
Housing Distribution
Address Breakdown
Residential
5,630
Single Family
5,559
Multi-Family
71
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Strickland Wrenn • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139381
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.