420 Poplar St NWNortonVA24273
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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 Norton at 420 Poplar St NW, Norton, VA, 24273 at $172,500 posts ROI 27.32% with $353/mo cash flow from $1,384/mo rent. Total monthly income equals $1,384/mo, and annual cash flow records $4,237/yr on $57,184 to close. Return on cash invested measures 27.32% and rental yield reads 9.63% at the current $172,500. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 by year five. Five-year ROI prints 142.37% and total cumulative return in cash totals $81,410.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24273, Norton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 1,485 (51.5%) |
| Renter Occupied HU | 920 (31.9%) |
| Vacant Housing Units | 480 (16.6%) |
| Median Home Value | $113,727 |
| Average Home Value | $159,239 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,288
Multi-Family
175
Businesses
388
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