1104 High StFarmvilleVA23901
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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 Farmville at 1104 High St, Farmville, VA, 23901 offers $1,920/mo rent that, after a $1,541/mo payment, leaves $38/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $454/yr on $104,389 cash. Return on cash invested measures 20.34% in year one, and rental yield stands at 7.32% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 104.89% and total cumulative return in cash reaches $109,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23901, Farmville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,986 (100%) |
| Owner Occupied HU | 3,656 (52.3%) |
| Renter Occupied HU | 2,297 (32.9%) |
| Vacant Housing Units | 1,033 (14.8%) |
| Median Home Value | $258,258 |
| Average Home Value | $314,240 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,277
Multi-Family
252
Businesses
691
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