179 Meadowbrook LnMartinsvilleVA24112
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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 Martinsville at 179 Meadowbrook Ln, Martinsville, VA, 24112 with 5% annual appreciation on a $189,900 basis while $1,531/mo rent supports operations. Total monthly income totals $1,531/mo and a $929/mo payment preserves $396/mo for cash returns. Annual cash flow comes to $4,755/yr on $62,952 deployed, and return on cash invested reaches 27.46% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.67%. Five-year ROI measures 143.13% and total cumulative return in cash totals $90,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,531/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24112, Martinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,884 (100%) |
| Owner Occupied HU | 9,113 (57.4%) |
| Renter Occupied HU | 4,550 (28.6%) |
| Vacant Housing Units | 2,221 (14.0%) |
| Median Home Value | $134,764 |
| Average Home Value | $177,063 |
Housing Distribution
Address Breakdown
Residential
14,304
Single Family
13,486
Multi-Family
818
Businesses
1,041
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Listed by: Penny Elliott • Adams Realty,Inc.
Mls Name: MVMLS
Mls ID: #145714