505 W James StAshlandVA23005
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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 Ashland at 505 W James St, Ashland, VA, 23005 with 5% annual appreciation on a $251,000 basis while $2,754/mo rent supports operations. Total monthly income totals $2,754/mo and a $1,229/mo payment preserves $1,253/mo for cash returns. Annual cash flow comes to $15,037/yr on $83,207 deployed, and return on cash invested reaches 37.98% in year one. Equity gained on principal adds $1,620/yr, and five-year appreciation sums $69,347 alongside rental yield of 13.17%. Five-year ROI measures 199.51% and total cumulative return in cash totals $166,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,754/mo property income versus a $1,229/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23005, Ashland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,798 (100%) |
| Owner Occupied HU | 5,395 (69.2%) |
| Renter Occupied HU | 1,943 (24.9%) |
| Vacant Housing Units | 460 ( 5.9%) |
| Median Home Value | $441,105 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
7,503
Single Family
7,117
Multi-Family
386
Businesses
1,830
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