189 Traverse DrEvingtonVA24550
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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 Evington at 189 Traverse Dr, Evington, VA, 24550 with 5% annual appreciation on a $393,608 basis while $3,349/mo rent supports operations. Total monthly income totals $3,349/mo and a $1,927/mo payment preserves $987/mo for cash returns. Annual cash flow comes to $11,847/yr on $130,481 deployed, and return on cash invested reaches 28.99% in year one. Equity gained on principal adds $2,540/yr, and five-year appreciation sums $108,747 alongside rental yield of 10.21%. Five-year ROI measures 151.31% and total cumulative return in cash totals $197,425.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,349/mo property income versus a $1,927/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.47 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
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Listed by: Allison Ratcliffe • R. Fralin & Associates Inc
Mls Name: LMLS
Mls Provider:
Mls ID: #338164
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.