3 Heron DrBuffalo JunctionVA24529
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3 Heron Dr, Buffalo Junction, VA, 24529 in Buffalo Junction hard to pass up. The 12.06% gross yield on a $185,000 purchase results in $1,859/mo in rent and $715/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.23). Annual cash flow of $8,575, five-year appreciation of $51,112, and $1,704/yr in equity build-up combine for a projected total cumulative return of $116,165.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $715 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,859 |
| Total Monthly Debt Service | $1,071 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
3.38 Acres lot
$N/A/sqft
$460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24529, Buffalo Junction, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 556 (53.0%) |
| Renter Occupied HU | 174 (16.6%) |
| Vacant Housing Units | 319 (30.4%) |
| Median Home Value | $318,421 |
| Average Home Value | $337,711 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
828
Multi-Family
0
Businesses
36
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
Lot
Built in N/A
3.38 Acres lot
$N/A/sqft
$460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24529, Buffalo Junction, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 556 (53.0%) |
| Renter Occupied HU | 174 (16.6%) |
| Vacant Housing Units | 319 (30.4%) |
| Median Home Value | $318,421 |
| Average Home Value | $337,711 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
828
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Diamond • Diamond & Associates Real Estate
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #64778
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.