1209 Mariners Way APT 69HuddlestonVA24104
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1209 Mariners Way APT 69, Huddleston, VA, 24104 in Huddleston is a stable, well-positioned rental at $399,900. Rental yield 6.18%. DSCR 1.14 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $110,485 in value and $3,683/yr in principal paydown builds equity, a total projected return of $129,901.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.2% |
| Monthly Cash Flow | $(333) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,058 |
| Total Monthly Debt Service | $2,231 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24104, Huddleston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,441 (50.4%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 1,216 (42.6%) |
| Median Home Value | $518,939 |
| Average Home Value | $582,353 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,875
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24104, Huddleston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,441 (50.4%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 1,216 (42.6%) |
| Median Home Value | $518,939 |
| Average Home Value | $582,353 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,875
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ERIC H FANSLER • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Mls Name: RVAR
Mls ID: #919979