120-120 S Central St #114-NBroadwayVA22815
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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 Broadway at 120-120 S Central St #114-N, Broadway, VA, 22815 offers a 8.25% rental yield on a $275,000 purchase with $1,890/mo rent. Total monthly income registers $1,890/mo, and a $1,346/mo payment leaves $246/mo available for distribution. Annual cash flow reaches $2,953/yr on $91,163 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 119.98% and total cumulative return in cash at $109,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,958 (100%) |
| Owner Occupied HU | 2,754 (69.6%) |
| Renter Occupied HU | 907 (22.9%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $299,893 |
| Average Home Value | $378,164 |
Housing Distribution
Address Breakdown
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
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