264 Wadlow StEmporiaVA23847
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Emporia at 264 Wadlow St, Emporia, VA, 23847 generates $1,286/mo in rent and, after a $820/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,286/mo, and annual cash flow is $3,414/yr on $55,526 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.21% on a $167,500 entry. Equity gained on principal adds $1,081/yr, while 5% annual appreciation builds toward $46,277 over five years. Five-year ROI reaches 135.6% and total cumulative return in cash sums $75,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23847, Emporia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 3,117 (50.5%) |
| Renter Occupied HU | 2,190 (35.5%) |
| Vacant Housing Units | 868 (14.1%) |
| Median Home Value | $161,052 |
| Average Home Value | $194,820 |
Housing Distribution
Address Breakdown
Residential
5,630
Single Family
5,559
Multi-Family
71
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices