375 River Ridge LnAxtonVA24054
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 Axton at 375 River Ridge Ln, Axton, VA, 24054 offers a 9.75% rental yield on a $189,900 purchase with $1,543/mo rent. Total monthly income registers $1,543/mo, and a $929/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,899/yr on $62,952 to close, and return on cash invested stands at 27.69% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 144.37% and total cumulative return in cash at $90,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24054, Axton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,057 (68.5%) |
| Renter Occupied HU | 540 (18.0%) |
| Vacant Housing Units | 404 (13.5%) |
| Median Home Value | $157,021 |
| Average Home Value | $175,602 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,668
Multi-Family
0
Businesses
95
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