1097 Orange RdPittsvilleVA24139
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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
Rental property for sale in Pittsville at 1097 Orange Rd, Pittsville, VA, 24139 offers $1,823/mo rent that, after a $818/mo payment, leaves $824/mo cash flow. Total monthly income is $1,823/mo, and annual cash flow is $9,888/yr on $55,394 cash. Return on cash invested measures 37.76% in year one, and rental yield stands at 13.09% at a $167,100 entry. Equity gained on principal adds $1,078/yr while 5% annual appreciation compounds into $46,167 by year five. Five-year ROI records 198.28% and total cumulative return in cash reaches $109,835. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,823/mo property income versus a $818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24139, Pittsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 399 (100%) |
| Owner Occupied HU | 260 (65.2%) |
| Renter Occupied HU | 47 (11.8%) |
| Vacant Housing Units | 92 (23.1%) |
| Median Home Value | $162,857 |
| Average Home Value | $250,125 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
4
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