25516 Grant AveNorth DinwiddieVA23803
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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 North Dinwiddie at 25516 Grant Ave, North Dinwiddie, VA, 23803 offers a 13.29% rental yield on a $209,900 purchase with $2,324/mo rent. Total monthly income registers $2,324/mo, and a $1,027/mo payment leaves $1,070/mo available for distribution. Annual cash flow reaches $12,835/yr on $69,582 to close, and return on cash invested stands at 38.36% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 201.51% and total cumulative return in cash at $140,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,324/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23803, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,617 (100%) |
| Owner Occupied HU | 9,006 (43.7%) |
| Renter Occupied HU | 9,090 (44.1%) |
| Vacant Housing Units | 2,521 (12.2%) |
| Median Home Value | $254,043 |
| Average Home Value | $308,082 |
Housing Distribution
Address Breakdown
Residential
19,287
Single Family
16,903
Multi-Family
2,384
Businesses
1,055
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Listed by: Christy Bowman • Harris & Assoc, Inc
Mls Name: CVRMLS
Mls ID: #2526267