155 Edgewater DrCedar BluffVA24609
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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 Cedar Bluff at 155 Edgewater Dr, Cedar Bluff, VA, 24609 offers $1,091/mo rent that, after a $732/mo payment, leaves $197/mo cash flow. Total monthly income is $1,091/mo, and annual cash flow is $2,364/yr on $49,559 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 8.76% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 128.27% and total cumulative return in cash reaches $63,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,091/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24609, Cedar Bluff, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,117 (100%) |
| Owner Occupied HU | 2,222 (71.3%) |
| Renter Occupied HU | 485 (15.6%) |
| Vacant Housing Units | 410 (13.2%) |
| Median Home Value | $161,607 |
| Average Home Value | $223,812 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,515
Multi-Family
0
Businesses
215
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Listed by: Carlene Absher • Absher Realty & Auction Company Inc.
Mls Name: SWVAR
Mls ID: #103562