1075 Avalon RdGrundyVA24614
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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
Investment property for sale in Grundy at 1075 Avalon Rd, Grundy, VA, 24614 listed at $129,600 pairs $2,070/mo rent with a $634/mo payment to leave $1,296/mo cash flow. Total monthly income runs $2,070/mo, and annual cash flow reaches $15,547/yr on $42,962 cash to close. Return on cash invested measures 56.1% in year one, and rental yield registers 19.17% at a $129,600 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,806 by year five. Five-year ROI tracks 296.62% and total cumulative return in cash totals $127,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,070/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24614, Grundy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 2,426 (63.1%) |
| Renter Occupied HU | 689 (17.9%) |
| Vacant Housing Units | 732 (19.0%) |
| Median Home Value | $138,014 |
| Average Home Value | $235,347 |
Housing Distribution
Address Breakdown
Residential
2,499
Single Family
2,499
Multi-Family
0
Businesses
255
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