128 Woodhaven CtMadison HeightsVA24572
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
Investment Highlights
Investment property for sale in Madison Heights at 128 Woodhaven Ct, Madison Heights, VA, 24572 uses $124,279 cash to close to unlock $298/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,835/mo payment keeps the spread at $25/mo. Purchase price stands at $374,900, and rental yield measures 7.25% with $2,266/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 103.83% and total cumulative return in cash records $129,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24572, Madison Heights, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,710 (100%) |
| Owner Occupied HU | 5,270 (68.4%) |
| Renter Occupied HU | 1,784 (23.1%) |
| Vacant Housing Units | 656 ( 8.5%) |
| Median Home Value | $213,028 |
| Average Home Value | $237,874 |
Housing Distribution
Address Breakdown
Residential
7,198
Single Family
7,021
Multi-Family
177
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kari Lynn Carlile • NextHome TwoFourFive
Mls Name: LMLS
Mls ID: #363666