134 Viars RdMadison HeightsVA24572
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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
Rental property for sale in Madison Heights at 134 Viars Rd, Madison Heights, VA, 24572 priced at $209,900 converts $1,440/mo rent into $186/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $2,227/yr on $69,582 invested. Return on cash invested prints 23.11% in year one, and rental yield reads 8.23% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 119.75% and total cumulative return in cash sums $83,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1977
3,136 sqft 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
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Listed by: Angie G Holt • Key to Your Heart Realty
Mls Name: LMLS
Mls ID: #363846