4957 Ivanhoe RdIvanhoeVA24350
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 Ivanhoe at 4957 Ivanhoe Rd, Ivanhoe, VA, 24350 offers a 12.05% rental yield on a $237,000 purchase with $2,380/mo rent. Total monthly income registers $2,380/mo, and a $1,160/mo payment leaves $963/mo available for distribution. Annual cash flow reaches $11,559/yr on $78,566 to close, and return on cash invested stands at 34.62% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,479 over five years. Portfolio math shows five-year ROI at 181.51% and total cumulative return in cash at $142,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,380/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24350, Ivanhoe, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 386 (64.2%) |
| Renter Occupied HU | 76 (12.6%) |
| Vacant Housing Units | 139 (23.1%) |
| Median Home Value | $106,466 |
| Average Home Value | $139,773 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
15
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Listed by: Diane Hawkins • Weichert Realtors-Short Way Real Estate
Mls Name: SWVAR
Mls Provider:
Mls ID: #100735
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.