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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Broadway at 138 1st St, Broadway, VA, 22815 generates $1,730/mo in rent, after a $1,688/mo payment. Total monthly income is $1,730/mo. Return on cash invested sits at 16.43% in year one, and rental yield is 6.02% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 83.92% and total cumulative return in cash sums $95,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,730/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,958 (100%) |
| Owner Occupied HU | 2,754 (69.6%) |
| Renter Occupied HU | 907 (22.9%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $299,893 |
| Average Home Value | $378,164 |
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brian Ratliff • Old Dominion Realty
Mls Name: Bright MLS
Mls ID: #VARO2002758
