509 Riverview AveFriesVA24330
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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 Fries at 509 Riverview Ave, Fries, VA, 24330 offers $0/mo rent that, after a $1,072/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.73% in year one, and rental yield stands at 0% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices