302 Meyers Ct, Broadway, VA, 22815 | $52/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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302 Meyers Ct, Broadway, VA, 22815 | $52/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Broadway at 302 Meyers Ct, Broadway, VA, 22815 with 5% annual appreciation on a $369,000 basis while $2,258/mo rent supports operations. Total monthly income totals $2,258/mo and a $1,806/mo payment preserves $52/mo for cash returns. Annual cash flow comes to $627/yr on $122,324 deployed, and return on cash invested reaches 20.42% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 7.34%. Five-year ROI measures 105.33% and total cumulative return in cash totals $128,847.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,258/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2003

0.44 Acres lot

$N/A/sqft

No HOA

More details about the property

Immaculate and move-in ready, this lovingly maintained 3-bedroom, 2.5-bath two-story home offers both comfort and convenience in the heart of Broadway. Enjoy peaceful evenings on the charming covered front porch with beautiful views of North Mountain to the west. Inside, youll find 1,585 square feet of thoughtfully designed living space that reflects pride of ownership throughout. The spotless two-car basement garage provides excellent storage and workspace, along with a partial unfinished basement ready for future expansion or hobbies. A rare find combining small-town convenience, scenic views, and meticulous care.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,958 (100%)
Owner Occupied HU	2,754 (69.6%)
Renter Occupied HU	907 (22.9%)
Vacant Housing Units	297 ( 7.5%)
Median Home Value	$299,893
Average Home Value	$378,164