322 10th StAltavistaVA24517
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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 Altavista at 322 10th St, Altavista, VA, 24517 earns $7/mo cash flow from $1,050/mo rent with a $854/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $84/yr on $57,847 capital. ROI tracks 20.05% on current figures, and rental yield reads 7.22% at a $174,500 purchase. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 over five years. Five-year ROI reaches 103.34% and total cumulative return in cash sums $59,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Single Family
Built in 1953
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24517, Altavista, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,517 (100%) |
| Owner Occupied HU | 1,539 (61.1%) |
| Renter Occupied HU | 719 (28.6%) |
| Vacant Housing Units | 259 (10.3%) |
| Median Home Value | $136,399 |
| Average Home Value | $216,556 |
Housing Distribution
Address Breakdown
Residential
2,485
Single Family
2,472
Multi-Family
13
Businesses
338
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