400 Easter StEmporiaVA23847
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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 Emporia at 400 Easter St, Emporia, VA, 23847 earns $200/mo cash flow from $797/mo rent with a $489/mo payment. Total monthly income totals $797/mo, and annual cash flow totals $2,396/yr on $33,150 capital. ROI tracks 27.14% on current figures, and rental yield reads 9.56% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 141.41% and total cumulative return in cash sums $46,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $797/mo property income instead of your personal income.
Single Family
Built in 1969
3,319 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23847, Emporia, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 3,117 (50.5%) |
| Renter Occupied HU | 2,190 (35.5%) |
| Vacant Housing Units | 868 (14.1%) |
| Median Home Value | $161,052 |
| Average Home Value | $194,820 |
Housing Distribution
Address Breakdown
Residential
5,630
Single Family
5,559
Multi-Family
71
Businesses
562
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