297 Island Green RdDalevilleVA24083
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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 Daleville at 297 Island Green Rd, Daleville, VA, 24083 offers $3,130/mo rent that, after a $3,412/mo payment. Total monthly income is $3,130/mo. Return on cash invested measures 14.63% in year one, and rental yield stands at 5.39% at a $697,100 entry. Equity gained on principal adds $4,498/yr while 5% annual appreciation compounds into $192,596 by year five. Five-year ROI records 74.24% and total cumulative return in cash reaches $170,261. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,130/mo property income versus a $3,412/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24083, Daleville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,345 (67.4%) |
| Renter Occupied HU | 515 (25.8%) |
| Vacant Housing Units | 135 ( 6.8%) |
| Median Home Value | $402,390 |
| Average Home Value | $450,203 |
Housing Distribution
Address Breakdown
Residential
1,997
Single Family
1,428
Multi-Family
569
Businesses
279
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