513 Adwolfe RdMarionVA24354
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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 Marion at 513 Adwolfe Rd, Marion, VA, 24354 generates $1,309/mo in rent and, after a $976/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,309/mo, and annual cash flow is $1,402/yr on $66,134 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 7.87% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 113.92% and total cumulative return in cash sums $75,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,309/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24354, Marion, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,033 (100%) |
| Owner Occupied HU | 4,077 (58.0%) |
| Renter Occupied HU | 2,035 (28.9%) |
| Vacant Housing Units | 921 (13.1%) |
| Median Home Value | $151,039 |
| Average Home Value | $186,291 |
Housing Distribution
Address Breakdown
Residential
6,496
Single Family
6,439
Multi-Family
57
Businesses
576
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Listed by: Jesse Owens • Owens & Company
Mls Name: SWVAR
Mls Provider:
Mls ID: #99366
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.