40 Reese Meredith LnBrodnaxVA23920
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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 Brodnax at 40 Reese Meredith Ln, Brodnax, VA, 23920 at $329,000 posts ROI 28.97% with $824/mo cash flow from $2,790/mo rent. Total monthly income equals $2,790/mo, and annual cash flow records $9,883/yr on $109,064 to close. Return on cash invested measures 28.97% and rental yield reads 10.18% at the current $329,000. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 by year five. Five-year ROI prints 151.17% and total cumulative return in cash totals $164,877.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1994
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23920, Brodnax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,064 (63.5%) |
| Renter Occupied HU | 362 (21.6%) |
| Vacant Housing Units | 249 (14.9%) |
| Median Home Value | $154,383 |
| Average Home Value | $205,656 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,398
Multi-Family
0
Businesses
44
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