13 Indian Ridge RdGreenvilleVA24440
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 Greenville at 13 Indian Ridge Rd, Greenville, VA, 24440 offers a 7.9% rental yield on a $259,999 purchase with $1,711/mo rent. Total monthly income registers $1,711/mo, and a $1,273/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,876/yr on $86,190 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $98,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24440, Greenville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 841 (78.7%) |
| Renter Occupied HU | 143 (13.4%) |
| Vacant Housing Units | 84 ( 7.9%) |
| Median Home Value | $346,618 |
| Average Home Value | $375,256 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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Listed by: PERSINGER REAL ESTATE GROUP TEAM • REAL BROKER LLC
Mls Name: CAAR
Mls ID: #672527