1134 Coleman DrAltonVA24520
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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 Alton at 1134 Coleman Dr, Alton, VA, 24520 with 5% annual appreciation on a $150,000 basis while $1,153/mo rent supports operations. Total monthly income totals $1,153/mo and a $734/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,078/yr on $49,725 deployed, and return on cash invested reaches 26.1% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.22%. Five-year ROI measures 135.78% and total cumulative return in cash totals $67,518.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,153/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24520, Alton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,197 (100%) |
| Owner Occupied HU | 825 (68.9%) |
| Renter Occupied HU | 188 (15.7%) |
| Vacant Housing Units | 184 (15.4%) |
| Median Home Value | $171,082 |
| Average Home Value | $233,188 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
41
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Listed by: David Totten • EXP Realty LLC
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #71210
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.