2531 Mendota RdMendotaVA24270
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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 Mendota at 2531 Mendota Rd, Mendota, VA, 24270 generates $0/mo in rent, after a $538/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.73% in year one, and rental yield is 0% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24270, Mendota, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 270 (100%) |
| Owner Occupied HU | 175 (64.8%) |
| Renter Occupied HU | 46 (17.0%) |
| Vacant Housing Units | 49 (18.1%) |
| Median Home Value | $236,017 |
| Average Home Value | $255,471 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
11
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