204 Leftwich StGretnaVA24557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gretna at 204 Leftwich St, Gretna, VA, 24557 offers $1,249/mo rent that, after a $778/mo payment, leaves $299/mo cash flow. Total monthly income is $1,249/mo, and annual cash flow is $3,585/yr on $52,709 cash. Return on cash invested measures 26.71% in year one, and rental yield stands at 9.43% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 139.06% and total cumulative return in cash reaches $73,296. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,249/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1876
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24557, Gretna, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 2,466 (64.7%) |
| Renter Occupied HU | 817 (21.4%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $130,124 |
| Average Home Value | $166,033 |
Housing Distribution
Address Breakdown
Residential
3,090
Single Family
3,090
Multi-Family
0
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices