3501 Telegraph RdGretnaVA24557
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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
Rental property for sale in Gretna at 3501 Telegraph Rd, Gretna, VA, 24557 generates $2,237/mo in rent and, after a $1,346/mo payment, leaves $593/mo in cash flow. Total monthly income is $2,237/mo, and annual cash flow is $7,117/yr on $91,163 invested. Return on cash invested sits at 27.72% in year one, and rental yield is 9.76% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 144.47% and total cumulative return in cash sums $131,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24557, Gretna, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 2,466 (64.7%) |
| Renter Occupied HU | 817 (21.4%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $130,124 |
| Average Home Value | $166,033 |
Housing Distribution
Address Breakdown
Residential
3,090
Single Family
3,090
Multi-Family
0
Businesses
166
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Listed by: Abby Manasco • MANASCO REALTY
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74724
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