406 Saint Ivy AveTroyVA22974
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 Troy at 406 Saint Ivy Ave, Troy, VA, 22974 with 5% annual appreciation on a $477,000 basis while $3,499/mo rent supports operations. Total monthly income totals $3,499/mo and a $2,335/mo payment preserves $647/mo for cash returns. Annual cash flow comes to $7,767/yr on $158,126 deployed, and return on cash invested reaches 24.82% in year one. Equity gained on principal adds $3,078/yr, and five-year appreciation sums $131,786 alongside rental yield of 8.8%. Five-year ROI measures 128.91% and total cumulative return in cash totals $203,843.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,499/mo property income versus a $2,335/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22974, Troy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,603 (81.2%) |
| Renter Occupied HU | 287 (14.5%) |
| Vacant Housing Units | 83 ( 4.2%) |
| Median Home Value | $394,898 |
| Average Home Value | $460,078 |
Housing Distribution
Address Breakdown
Residential
1,828
Single Family
1,828
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices