337 Sales Exchange LnEmporiaVA23847
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
Investment Highlights
Investment property for sale in Emporia at 337 Sales Exchange Ln, Emporia, VA, 23847 with 5% annual appreciation on a $195,000 basis while $1,320/mo rent supports operations. Total monthly income totals $1,320/mo and a $954/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,857/yr on $64,643 deployed, and return on cash invested reaches 22.78% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 8.12%. Five-year ROI measures 117.99% and total cumulative return in cash totals $76,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23847, Emporia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 3,117 (50.5%) |
| Renter Occupied HU | 2,190 (35.5%) |
| Vacant Housing Units | 868 (14.1%) |
| Median Home Value | $161,052 |
| Average Home Value | $194,820 |
Housing Distribution
Address Breakdown
Residential
5,630
Single Family
5,559
Multi-Family
71
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices