2 Riverview AveBuffalo JunctionVA24529
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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 Buffalo Junction at 2 Riverview Ave, Buffalo Junction, VA, 24529 earns $204/mo cash flow from $2,290/mo rent with a $1,708/mo payment. Total monthly income totals $2,290/mo, and annual cash flow totals $2,447/yr on $115,694 capital. ROI tracks 22.02% on current figures, and rental yield reads 7.87% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 113.9% and total cumulative return in cash sums $131,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,290/mo property income instead of your personal income.
Single Family
Built in 1988
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24529, Buffalo Junction, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 556 (53.0%) |
| Renter Occupied HU | 174 (16.6%) |
| Vacant Housing Units | 319 (30.4%) |
| Median Home Value | $318,421 |
| Average Home Value | $337,711 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
828
Multi-Family
0
Businesses
36
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Listed by: Kristen DeJarnette • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139956