108 Jeremiah CtMadison HeightsVA24572
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 Madison Heights at 108 Jeremiah Ct, Madison Heights, VA, 24572 priced at $170,900 pairs $1,342/mo rent with $256/mo cash flow after a $836/mo payment. Total monthly income equals $1,342/mo, and annual cash flow comes to $3,070/yr on $56,653 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 9.42% on a $170,900 basis. Equity gained on principal adds $1,103/yr, and 5% annual appreciation accumulates to $47,217 by year five. Five-year ROI measures 132.14% and total cumulative return in cash reaches $74,860. For financing, Ziffy Mortgage’s DSCR program evaluates $1,342/mo property income against a $836/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
0.28 Acres lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24572, Madison Heights, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,710 (100%) |
| Owner Occupied HU | 5,270 (68.4%) |
| Renter Occupied HU | 1,784 (23.1%) |
| Vacant Housing Units | 656 ( 8.5%) |
| Median Home Value | $213,028 |
| Average Home Value | $237,874 |
Housing Distribution
Address Breakdown
Residential
7,198
Single Family
7,021
Multi-Family
177
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen J Acree • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #359745
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.