503 Henry StGretnaVA24557
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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
Rental property for sale in Gretna at 503 Henry St, Gretna, VA, 24557 offers $610/mo rent that, after a $1,023/mo payment. Total monthly income is $610/mo. Return on cash invested measures 8.83% in year one, and rental yield stands at 3.5% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 43.18% and total cumulative return in cash reaches $29,918. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $610/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24557, Gretna, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 2,466 (64.7%) |
| Renter Occupied HU | 817 (21.4%) |
| Vacant Housing Units | 529 (13.9%) |
| Median Home Value | $130,124 |
| Average Home Value | $166,033 |
Housing Distribution
Address Breakdown
Residential
3,090
Single Family
3,090
Multi-Family
0
Businesses
166
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