30280 Hillman HwyMeadowviewVA24361
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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 Meadowview at 30280 Hillman Hwy, Meadowview, VA, 24361 offers a 8.35% rental yield on a $259,000 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $1,268/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,041/yr on $85,859 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 121.59% and total cumulative return in cash at $104,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1947
1.28 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: Matt Smith • Matt Smith Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #97676
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.