30221 Old Saltworks RdMeadowviewVA24361
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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 Meadowview at 30221 Old Saltworks Rd, Meadowview, VA, 24361 generates $2,580/mo in rent and, after a $1,731/mo payment, leaves $466/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $5,590/yr on $117,252 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 8.75% on a $353,700 entry. Equity gained on principal adds $2,282/yr, while 5% annual appreciation builds toward $97,721 over five years. Five-year ROI reaches 128.12% and total cumulative return in cash sums $150,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24361, Meadowview, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,346 (100%) |
| Owner Occupied HU | 1,717 (73.2%) |
| Renter Occupied HU | 378 (16.1%) |
| Vacant Housing Units | 251 (10.7%) |
| Median Home Value | $211,000 |
| Average Home Value | $263,211 |
Housing Distribution
Address Breakdown
Residential
1,915
Single Family
1,915
Multi-Family
0
Businesses
76
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Listed by: N/A • N/A
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