2440 Ivy AveBuena VistaVA24416
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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 Buena Vista at 2440 Ivy Ave, Buena Vista, VA, 24416 earns $338/mo cash flow from $1,228/mo rent with a $729/mo payment. Total monthly income totals $1,228/mo, and annual cash flow totals $4,051/yr on $49,394 capital. ROI tracks 28.11% on current figures, and rental yield reads 9.89% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 146.58% and total cumulative return in cash sums $72,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,228/mo property income instead of your personal income.
Single Family
Built in 1923
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24416, Buena Vista, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,407 (60.0%) |
| Renter Occupied HU | 1,117 (27.9%) |
| Vacant Housing Units | 485 (12.1%) |
| Median Home Value | $203,571 |
| Average Home Value | $276,812 |
Housing Distribution
Address Breakdown
Residential
3,723
Single Family
3,524
Multi-Family
199
Businesses
259
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Listed by: Michelle Wheeler • Wheeler & Associates Realty
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139445