141 Eisenhower RdRidgewayVA24148
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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
Investment property for sale in Ridgeway at 141 Eisenhower Rd, Ridgeway, VA, 24148 with 5% annual appreciation on a $138,000 basis while $1,938/mo rent supports operations. Total monthly income totals $1,938/mo and a $675/mo payment preserves $1,114/mo for cash returns. Annual cash flow comes to $13,362/yr on $45,747 deployed, and return on cash invested reaches 49.12% in year one. Equity gained on principal adds $890/yr, and five-year appreciation sums $38,127 alongside rental yield of 16.85%. Five-year ROI measures 259.26% and total cumulative return in cash totals $118,602.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,938/mo property income versus a $675/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.32 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
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