150 Meredithville DrBrodnaxVA23920
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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 Brodnax at 150 Meredithville Dr, Brodnax, VA, 23920 offers $1,853/mo rent that, after a $1,121/mo payment, leaves $484/mo cash flow. Total monthly income is $1,853/mo, and annual cash flow is $5,807/yr on $75,914 cash. Return on cash invested measures 27.56% in year one, and rental yield stands at 9.71% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 143.57% and total cumulative return in cash reaches $108,989. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,853/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23920, Brodnax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,064 (63.5%) |
| Renter Occupied HU | 362 (21.6%) |
| Vacant Housing Units | 249 (14.9%) |
| Median Home Value | $154,383 |
| Average Home Value | $205,656 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,398
Multi-Family
0
Businesses
44
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