196 Azalea Dr SWMeadows Of DanVA24120
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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 Meadows Of Dan at 196 Azalea Dr SW, Meadows Of Dan, VA, 24120 priced at $349,900 converts $1,925/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,925/mo. Return on cash invested prints 18.18% in year one, and rental yield reads 6.6% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 93.28% and total cumulative return in cash sums $108,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,925/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1976
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24120, Meadows Of Dan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 685 (50.0%) |
| Renter Occupied HU | 162 (11.8%) |
| Vacant Housing Units | 523 (38.2%) |
| Median Home Value | $190,417 |
| Average Home Value | $248,004 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
944
Multi-Family
0
Businesses
69
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Listed by: Margaret Blevins • EDD MARTIN AND ASSOCIATES REAL ESTATE
Mls Name: MVMLS
Mls ID: #141464