109 Cedar Gate RdMonroeVA24574
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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 Monroe at 109 Cedar Gate Rd, Monroe, VA, 24574 with 5% annual appreciation on a $110,000 basis while $832/mo rent supports operations. Total monthly income totals $832/mo and a $538/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,098/yr on $36,465 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.08%. Five-year ROI measures 133.41% and total cumulative return in cash totals $48,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $832/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24574, Monroe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,312 (71.3%) |
| Renter Occupied HU | 244 (13.3%) |
| Vacant Housing Units | 283 (15.4%) |
| Median Home Value | $269,952 |
| Average Home Value | $290,543 |
Housing Distribution
Address Breakdown
Residential
1,642
Single Family
1,642
Multi-Family
0
Businesses
78
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