34 Garth LnAltavistaVA24517
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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 34 Garth Ln, Altavista, VA, 24517 with 5% annual appreciation on a $234,900 basis while $1,050/mo rent supports operations. 45% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 5.36%. Five-year ROI measures 73.3% and total cumulative return in cash totals $57,081. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
2.94 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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Listed by: Corrie Hall • eXp Realty LLC-Lynchburg
Mls Name: LMLS
Mls Provider:
Mls ID: #358263
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