505 Monroe StPearisburgVA24134
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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 Pearisburg at 505 Monroe St, Pearisburg, VA, 24134 listed at $100,000 pairs $1,376/mo rent with a $489/mo payment to leave $779/mo cash flow. Total monthly income runs $1,376/mo, and annual cash flow reaches $9,344/yr on $33,150 cash to close. Return on cash invested measures 48.1% in year one, and rental yield registers 16.51% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 253.77% and total cumulative return in cash totals $84,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,376/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24134, Pearisburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,843 (67.1%) |
| Renter Occupied HU | 572 (20.8%) |
| Vacant Housing Units | 330 (12.0%) |
| Median Home Value | $195,471 |
| Average Home Value | $264,365 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,444
Multi-Family
79
Businesses
235
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Listed by: Carol Lavinder • Lavinder Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424357
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.