45 Morningside RdCartersvilleVA23027
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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 Cartersville at 45 Morningside Rd, Cartersville, VA, 23027 with 5% annual appreciation on a $349,900 basis while $2,218/mo rent supports operations. Total monthly income totals $2,218/mo and a $1,713/mo payment preserves $126/mo for cash returns. Annual cash flow comes to $1,511/yr on $115,992 deployed, and return on cash invested reaches 21.21% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 7.61%. Five-year ROI measures 109.54% and total cumulative return in cash totals $127,062.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,218/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
7.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23027, Cartersville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 520 (71.5%) |
| Renter Occupied HU | 140 (19.3%) |
| Vacant Housing Units | 67 ( 9.2%) |
| Median Home Value | $354,839 |
| Average Home Value | $475,856 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
25
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Listed by: James Nay • River City Elite Properties - Real Broker
Mls Name: CVRMLS
Mls ID: #2533666