2872 Salem HwyStuartVA24171
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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 Stuart at 2872 Salem Hwy, Stuart, VA, 24171 offers a 8.81% rental yield on a $197,000 purchase with $1,447/mo rent. Total monthly income registers $1,447/mo, and a $964/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,235/yr on $65,306 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 129.14% and total cumulative return in cash at $84,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,447/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24171, Stuart, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,527 (100%) |
| Owner Occupied HU | 2,787 (61.6%) |
| Renter Occupied HU | 877 (19.4%) |
| Vacant Housing Units | 863 (19.1%) |
| Median Home Value | $162,083 |
| Average Home Value | $237,028 |
Housing Distribution
Address Breakdown
Residential
3,699
Single Family
3,699
Multi-Family
0
Businesses
316
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