170 Turner StMadison HeightsVA24572
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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 Madison Heights at 170 Turner St, Madison Heights, VA, 24572 at $169,900 posts ROI 25.11% with $244/mo cash flow from $1,260/mo rent. Total monthly income equals $1,260/mo, and annual cash flow records $2,927/yr on $56,322 to close. Return on cash invested measures 25.11% and rental yield reads 8.9% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 130.44% and total cumulative return in cash totals $73,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1939
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24572, Madison Heights, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,710 (100%) |
| Owner Occupied HU | 5,270 (68.4%) |
| Renter Occupied HU | 1,784 (23.1%) |
| Vacant Housing Units | 656 ( 8.5%) |
| Median Home Value | $213,028 |
| Average Home Value | $237,874 |
Housing Distribution
Address Breakdown
Residential
7,198
Single Family
7,021
Multi-Family
177
Businesses
387
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Listed by: Stacy Powell • Keller Williams
Mls Name: LMLS
Mls ID: #361299