10815 Colonial HwyEvingtonVA24550
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
Investment property for sale in Evington at 10815 Colonial Hwy, Evington, VA, 24550 earns $332/mo cash flow from $1,377/mo rent with a $856/mo payment. Total monthly income totals $1,377/mo, and annual cash flow totals $3,978/yr on $57,979 capital. ROI tracks 26.77% on current figures, and rental yield reads 9.45% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 139.39% and total cumulative return in cash sums $80,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,377/mo property income instead of your personal income.
Single Family
Built in 1935
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices