423 Sycamore AveBuena VistaVA24416
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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 Buena Vista at 423 Sycamore Ave, Buena Vista, VA, 24416 with 5% annual appreciation on a $240,000 basis while $1,624/mo rent supports operations. Total monthly income totals $1,624/mo and a $1,175/mo payment preserves $189/mo for cash returns. Annual cash flow comes to $2,268/yr on $79,560 deployed, and return on cash invested reaches 22.76% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.12%. Five-year ROI measures 117.86% and total cumulative return in cash totals $93,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,624/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24416, Buena Vista, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,407 (60.0%) |
| Renter Occupied HU | 1,117 (27.9%) |
| Vacant Housing Units | 485 (12.1%) |
| Median Home Value | $203,571 |
| Average Home Value | $276,812 |
Housing Distribution
Address Breakdown
Residential
3,723
Single Family
3,524
Multi-Family
199
Businesses
259
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Listed by: Ralph Harvey III • ListWithFreedom.com Inc.
Mls Name: LMLS
Mls ID: #363419