1164 Orange AveBuena VistaVA24416
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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 Buena Vista at 1164 Orange Ave, Buena Vista, VA, 24416 listed at $170,000 pairs $1,698/mo rent with a $832/mo payment to leave $682/mo cash flow. Total monthly income runs $1,698/mo, and annual cash flow reaches $8,182/yr on $56,355 cash to close. Return on cash invested measures 34.43% in year one, and rental yield registers 11.99% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 180.42% and total cumulative return in cash totals $101,673. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,698/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24416, Buena Vista, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,407 (60.0%) |
| Renter Occupied HU | 1,117 (27.9%) |
| Vacant Housing Units | 485 (12.1%) |
| Median Home Value | $203,571 |
| Average Home Value | $276,812 |
Housing Distribution
Address Breakdown
Residential
3,723
Single Family
3,524
Multi-Family
199
Businesses
259
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Listed by: April Bailey • Re/Max 1st Olympic
Mls Name: LMLS
Mls Provider:
Mls ID: #359973
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.