1086 Sharon StGrundyVA24614
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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 1086 Sharon St, Grundy, VA, 24614 earns $965/mo cash flow from $2,250/mo rent with a $1,052/mo payment. Total monthly income totals $2,250/mo, and annual cash flow totals $11,581/yr on $71,273 capital. ROI tracks 36.16% on current figures, and rental yield reads 12.56% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 189.77% and total cumulative return in cash sums $135,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,250/mo property income instead of your personal income.
Single Family
Built in 1955
30 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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Listed by: Judy Horne • Goldwell Real Estate LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #97226
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.