171 Randolph StCollinsvilleVA24078
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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 Collinsville at 171 Randolph St, Collinsville, VA, 24078 with 5% annual appreciation on a $199,000 basis while $1,966/mo rent supports operations. Total monthly income totals $1,966/mo and a $974/mo payment preserves $776/mo for cash returns. Annual cash flow comes to $9,317/yr on $65,969 deployed, and return on cash invested reaches 34.03% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 11.86%. Five-year ROI measures 178.35% and total cumulative return in cash totals $117,654.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,966/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24078, Collinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 1,893 (53.3%) |
| Renter Occupied HU | 1,234 (34.8%) |
| Vacant Housing Units | 422 (11.9%) |
| Median Home Value | $137,580 |
| Average Home Value | $165,283 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,088
Multi-Family
94
Businesses
289
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Listed by: Barbara Waldron • Berry-Elliott, REALTORS
Mls Name: MVMLS
Mls ID: #144972
Disclaimer: Copyright Martinsville, Henry & Patrick County Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.