112 Duplex LnAraratVA24053
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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 Ararat at 112 Duplex Ln, Ararat, VA, 24053 listed at $189,900 pairs $1,370/mo rent with a $929/mo payment to leave $235/mo cash flow. Total monthly income runs $1,370/mo, and annual cash flow reaches $2,823/yr on $62,952 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 8.66% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 126.68% and total cumulative return in cash totals $79,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,370/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24053, Ararat, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,303 (100%) |
| Owner Occupied HU | 786 (60.3%) |
| Renter Occupied HU | 244 (18.7%) |
| Vacant Housing Units | 273 (21.0%) |
| Median Home Value | $174,167 |
| Average Home Value | $239,253 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
1,099
Multi-Family
0
Businesses
36
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