515 Virginia AveRichlandsVA24641
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Richlands at 515 Virginia Ave, Richlands, VA, 24641 earns from $0/mo rent with a $954/mo payment. Total monthly income totals $0/mo. ROI tracks -1.73% on current figures, and rental yield reads 0% at a $194,900 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1965
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24641, Richlands, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 1,621 (54.6%) |
| Renter Occupied HU | 866 (29.2%) |
| Vacant Housing Units | 481 (16.2%) |
| Median Home Value | $116,716 |
| Average Home Value | $164,860 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,389
Multi-Family
37
Businesses
345
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices