16 Granary RdVeronaVA24482
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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 Verona at 16 Granary Rd, Verona, VA, 24482 earns $338/mo cash flow from $2,610/mo rent with a $1,860/mo payment. Total monthly income totals $2,610/mo, and annual cash flow totals $4,060/yr on $125,970 capital. ROI tracks 23.13% on current figures, and rental yield reads 8.24% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 119.87% and total cumulative return in cash sums $150,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,610/mo property income instead of your personal income.
Single Family
Built in 1991
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24482, Verona, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,449 (71.4%) |
| Renter Occupied HU | 452 (22.3%) |
| Vacant Housing Units | 129 ( 6.4%) |
| Median Home Value | $309,478 |
| Average Home Value | $338,671 |
Housing Distribution
Address Breakdown
Residential
1,764
Single Family
1,740
Multi-Family
24
Businesses
246
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