228 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 228 Colony Ave, Daleville, VA, 24083 priced at $386,500 converts $3,000/mo rent into $689/mo cash flow after a $1,892/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $8,271/yr on $128,125 invested. Return on cash invested prints 26.36% in year one, and rental yield reads 9.31% against a $386,500 entry. Equity gained on principal adds $2,494/yr, while 5% annual appreciation compiles into $106,783 by year five. Five-year ROI reaches 137.21% and total cumulative return in cash sums $175,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,892/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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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