3135 3rd AveSaint PaulVA24283
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3135 3rd Ave, Saint Paul, VA, 24283 in Saint Paul is a solid income-producing rental, 9.34% gross yield, $1,027/mo rent, $238/mo net cash flow on a $132,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $36,469 and $1,216/yr in principal reduction project a total cumulative return of $65,221.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $238 | $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 | $1,027 |
| Total Monthly Debt Service | $737 |
| DSCR Ratio | 1.39x |
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.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24283, Saint Paul, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,073 (100%) |
| Owner Occupied HU | 649 (60.5%) |
| Renter Occupied HU | 255 (23.8%) |
| Vacant Housing Units | 169 (15.8%) |
| Median Home Value | $116,009 |
| Average Home Value | $162,392 |
Housing Distribution
Address Breakdown
Residential
772
Single Family
772
Multi-Family
0
Businesses
78
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
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24283, Saint Paul, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,073 (100%) |
| Owner Occupied HU | 649 (60.5%) |
| Renter Occupied HU | 255 (23.8%) |
| Vacant Housing Units | 169 (15.8%) |
| Median Home Value | $116,009 |
| Average Home Value | $162,392 |
Housing Distribution
Address Breakdown
Residential
772
Single Family
772
Multi-Family
0
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jarrad Addison • Century 21 Bennett & Edwards
Mls Name: TVRMLS
Mls ID: #9986781