19504 Ridge Ave,Melfa,VA,23410

Investment Highlights

Investment property for sale in Melfa at 19504 Ridge Ave, Melfa, VA, 23410 offers a 9.38% rental yield on a $124,900 purchase with $976/mo rent. Total monthly income registers $976/mo, and a $611/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,756/yr on $41,404 to close, and return on cash invested stands at 26.57% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 138.3% and total cumulative return in cash at $57,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $976/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.