3 Watts Street ExtGretnaVA24557
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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 Gretna at 3 Watts Street Ext, Gretna, VA, 24557 with 5% annual appreciation on a $142,500 basis while $1,100/mo rent supports operations. Total monthly income totals $1,100/mo and a $697/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,983/yr on $47,239 deployed, and return on cash invested reaches 26.22% in year one. Equity gained on principal adds $920/yr, and five-year appreciation sums $39,370 alongside rental yield of 9.26%. Five-year ROI measures 136.47% and total cumulative return in cash totals $64,467.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,100/mo property income versus a $697/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24557, Gretna, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 2,466 (64.7%) |
| Renter Occupied HU | 817 (21.4%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $130,124 |
| Average Home Value | $166,033 |
Housing Distribution
Address Breakdown
Residential
3,090
Single Family
3,090
Multi-Family
0
Businesses
166
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