132 Sinclair StRidgewayVA24148
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
Rental property for sale in Ridgeway at 132 Sinclair St, Ridgeway, VA, 24148 priced at $168,900 pairs $1,908/mo rent with $898/mo cash flow after a $827/mo payment. Total monthly income equals $1,908/mo, and annual cash flow comes to $10,776/yr on $55,990 invested. Return on cash invested is 39.16% in year one, and rental yield stands at 13.56% on a $168,900 basis. Equity gained on principal adds $1,090/yr, and 5% annual appreciation accumulates to $46,664 by year five. Five-year ROI measures 205.86% and total cumulative return in cash reaches $115,260. For financing, Ziffy Mortgage’s DSCR program evaluates $1,908/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24148, Ridgeway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,679 (100%) |
| Owner Occupied HU | 2,616 (71.1%) |
| Renter Occupied HU | 646 (17.6%) |
| Vacant Housing Units | 417 (11.3%) |
| Median Home Value | $162,326 |
| Average Home Value | $183,407 |
Housing Distribution
Address Breakdown
Residential
3,470
Single Family
3,390
Multi-Family
80
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices