1660 Riley Farm RdAxtonVA24054
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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 Axton at 1660 Riley Farm Rd, Axton, VA, 24054 offers a 9.39% rental yield on a $210,000 purchase with $1,644/mo rent. Total monthly income registers $1,644/mo, and a $1,028/mo payment leaves $389/mo available for distribution. Annual cash flow reaches $4,662/yr on $69,615 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 138.53% and total cumulative return in cash at $96,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,644/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
22.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24054, Axton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,057 (68.5%) |
| Renter Occupied HU | 540 (18.0%) |
| Vacant Housing Units | 404 (13.5%) |
| Median Home Value | $157,021 |
| Average Home Value | $175,602 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,668
Multi-Family
0
Businesses
95
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