177 Church StBroadwayVA22815
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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 Broadway at 177 Church St, Broadway, VA, 22815 priced at $169,900 converts $1,294/mo rent into $278/mo cash flow after a $832/mo obligation. Total monthly income equals $1,294/mo, and annual cash flow totals $3,335/yr on $56,322 invested. Return on cash invested prints 25.83% in year one, and rental yield reads 9.14% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 134.32% and total cumulative return in cash sums $75,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,294/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1805
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,958 (100%) |
| Owner Occupied HU | 2,754 (69.6%) |
| Renter Occupied HU | 907 (22.9%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $299,893 |
| Average Home Value | $378,164 |
Housing Distribution
Address Breakdown
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
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