157 Old Country RdMonroeVA24574
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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 Monroe at 157 Old Country Rd, Monroe, VA, 24574 priced at $210,000 converts $1,560/mo rent into $305/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $3,654/yr on $69,615 invested. Return on cash invested prints 25.16% in year one, and rental yield reads 8.91% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 130.75% and total cumulative return in cash sums $91,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1939
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24574, Monroe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,312 (71.3%) |
| Renter Occupied HU | 244 (13.3%) |
| Vacant Housing Units | 283 (15.4%) |
| Median Home Value | $269,952 |
| Average Home Value | $290,543 |
Housing Distribution
Address Breakdown
Residential
1,642
Single Family
1,642
Multi-Family
0
Businesses
78
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