5 Richardson AveMelfaVA23410
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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 Melfa at 5 Richardson Ave, Melfa, VA, 23410 earns $220/mo cash flow from $1,834/mo rent with a $1,322/mo payment. Total monthly income totals $1,834/mo, and annual cash flow totals $2,634/yr on $89,505 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.15% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 118.37% and total cumulative return in cash sums $105,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,834/mo property income instead of your personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
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Listed by: Diana Belote • Weichert, Realtors Mason - Davis
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #61872
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