161 Gardenia DrEwingVA24248
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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 Ewing at 161 Gardenia Dr, Ewing, VA, 24248 priced at $190,000 pairs $1,679/mo rent with $543/mo cash flow after a $930/mo payment. Total monthly income equals $1,679/mo, and annual cash flow comes to $6,518/yr on $62,985 invested. Return on cash invested is 30.26% in year one, and rental yield stands at 10.6% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 158.15% and total cumulative return in cash reaches $99,612. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24248, Ewing, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,198 (100%) |
| Owner Occupied HU | 766 (63.9%) |
| Renter Occupied HU | 207 (17.3%) |
| Vacant Housing Units | 225 (18.8%) |
| Median Home Value | $99,762 |
| Average Home Value | $161,433 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,129
Multi-Family
0
Businesses
46
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