329 N Beaver Dam AveDamascusVA24236
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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 Damascus at 329 N Beaver Dam Ave, Damascus, VA, 24236 uses $92,820 cash to close to unlock $3,776/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,370/mo payment keeps the spread at $315/mo. Purchase price stands at $280,000, and rental yield measures 8.52% with $1,988/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash records $115,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24236, Damascus, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,590 (100%) |
| Owner Occupied HU | 912 (57.4%) |
| Renter Occupied HU | 383 (24.1%) |
| Vacant Housing Units | 295 (18.6%) |
| Median Home Value | $242,958 |
| Average Home Value | $274,224 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,085
Multi-Family
145
Businesses
91
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Listed by: Andrea Mcglamery • Matt Smith Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #95820
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.