1979 Cumberland RdFarmvilleVA23901
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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 Farmville at 1979 Cumberland Rd, Farmville, VA, 23901 uses $92,803 cash to close to unlock $465/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,712/mo, and a $1,370/mo payment keeps the spread at $39/mo. Purchase price stands at $279,950, and rental yield measures 7.34% with $1,712/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $77,345 over five years. Five-year ROI reaches 105.26% and total cumulative return in cash records $97,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,712/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23901, Farmville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,986 (100%) |
| Owner Occupied HU | 3,656 (52.3%) |
| Renter Occupied HU | 2,297 (32.9%) |
| Vacant Housing Units | 1,033 (14.8%) |
| Median Home Value | $258,258 |
| Average Home Value | $314,240 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,277
Multi-Family
252
Businesses
691
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