39 Linda DrMartinsvilleVA24112
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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 Martinsville at 39 Linda Dr, Martinsville, VA, 24112 earns $215/mo cash flow from $938/mo rent with a $592/mo payment. Total monthly income totals $938/mo, and annual cash flow totals $2,579/yr on $40,112 capital. ROI tracks 26.34% on current figures, and rental yield reads 9.3% at a $121,000 purchase. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash sums $54,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $938/mo property income instead of your personal income.
Single Family
Built in 1962
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24112, Martinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,884 (100%) |
| Owner Occupied HU | 9,113 (57.4%) |
| Renter Occupied HU | 4,550 (28.6%) |
| Vacant Housing Units | 2,221 (14.0%) |
| Median Home Value | $134,764 |
| Average Home Value | $177,063 |
Housing Distribution
Address Breakdown
Residential
14,304
Single Family
13,486
Multi-Family
818
Businesses
1,041
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Listed by: Troy Cash • Cash Bros Real Estate, Inc.
Mls Name: LMLS
Mls Provider:
Mls ID: #358067
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.