1809 Cranberry RdWoodlawnVA24381
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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 Woodlawn at 1809 Cranberry Rd, Woodlawn, VA, 24381 earns $188/mo cash flow from $1,861/mo rent with a $1,370/mo payment. Total monthly income totals $1,861/mo, and annual cash flow totals $2,252/yr on $92,820 capital. ROI tracks 22.34% on current figures, and rental yield reads 7.98% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 115.59% and total cumulative return in cash sums $107,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,861/mo property income instead of your personal income.
Single Family
Built in 2007
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24381, Woodlawn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,343 (66.2%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 349 (17.2%) |
| Median Home Value | $165,189 |
| Average Home Value | $202,608 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
84
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Listed by: Amanda Skelton • BHHS- Mountain Sky Properties-Hillsville
Mls Name: SWVAR
Mls Provider:
Mls ID: #100409
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.