2407 Fleeton RdReedvilleVA22539
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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 Reedville at 2407 Fleeton Rd, Reedville, VA, 22539 with 5% annual appreciation on a $185,500 basis while $1,322/mo rent supports operations. Total monthly income totals $1,322/mo and a $908/mo payment preserves $213/mo for cash returns. Annual cash flow comes to $2,556/yr on $61,493 deployed, and return on cash invested reaches 24.07% in year one. Equity gained on principal adds $1,197/yr, and five-year appreciation sums $51,250 alongside rental yield of 8.55%. Five-year ROI measures 124.94% and total cumulative return in cash totals $76,827.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,322/mo property income versus a $908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
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