214 Colony AveDalevilleVA24083
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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
Rental property for sale in Daleville at 214 Colony Ave, Daleville, VA, 24083 generates $3,000/mo in rent and, after a $2,374/mo payment, leaves $101/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $1,208/yr on $160,761 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 7.42% on a $484,950 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation builds toward $133,983 over five years. Five-year ROI reaches 106.6% and total cumulative return in cash sums $171,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24083, Daleville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,345 (67.4%) |
| Renter Occupied HU | 515 (25.8%) |
| Vacant Housing Units | 135 ( 6.8%) |
| Median Home Value | $402,390 |
| Average Home Value | $450,203 |
Housing Distribution
Address Breakdown
Residential
1,997
Single Family
1,428
Multi-Family
569
Businesses
279
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