22232 Neblett Mill RdWaverlyVA23890
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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 Waverly at 22232 Neblett Mill Rd, Waverly, VA, 23890 listed at $329,900 pairs $2,440/mo rent with a $1,615/mo payment to leave $468/mo cash flow. Total monthly income runs $2,440/mo, and annual cash flow reaches $5,611/yr on $109,362 cash to close. Return on cash invested measures 25.04% in year one, and rental yield registers 8.88% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 130.08% and total cumulative return in cash totals $142,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,440/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23890, Waverly, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,949 (100%) |
| Owner Occupied HU | 1,138 (58.4%) |
| Renter Occupied HU | 512 (26.3%) |
| Vacant Housing Units | 299 (15.3%) |
| Median Home Value | $205,660 |
| Average Home Value | $251,384 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,441
Multi-Family
0
Businesses
185
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