205 Jarratt AveJarrattVA23867
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 Jarratt at 205 Jarratt Ave, Jarratt, VA, 23867 offers a 8.15% rental yield on a $350,000 purchase with $2,377/mo rent. Total monthly income registers $2,377/mo, and a $1,713/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,418/yr on $116,025 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 118.35% and total cumulative return in cash at $137,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,377/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23867, Jarratt, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,114 (100%) |
| Owner Occupied HU | 632 (56.7%) |
| Renter Occupied HU | 289 (25.9%) |
| Vacant Housing Units | 193 (17.3%) |
| Median Home Value | $210,000 |
| Average Home Value | $248,252 |
Housing Distribution
Address Breakdown
Residential
991
Single Family
991
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Watson, Atkinson, and Hicks Team • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138397
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.