204 Marino DrPatrick SpringsVA24133
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
Investment property for sale in Patrick Springs at 204 Marino Dr, Patrick Springs, VA, 24133 at $389,900 posts ROI 20.01% with $11/mo cash flow from $2,341/mo rent. Total monthly income equals $2,341/mo, and annual cash flow records $127/yr on $129,252 to close. Return on cash invested measures 20.01% and rental yield reads 7.2% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 103.1% and total cumulative return in cash totals $133,261.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,341/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24133, Patrick Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 763 (67.0%) |
| Renter Occupied HU | 189 (16.6%) |
| Vacant Housing Units | 186 (16.3%) |
| Median Home Value | $149,764 |
| Average Home Value | $204,161 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,019
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Baker • Cockram Realty, LLC
Mls Name: MVMLS
Mls ID: #141768
Disclaimer: Copyright Martinsville, Henry & Patrick County Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.