5230 Arrowhead TrlSalemVA24153
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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 Salem at 5230 Arrowhead Trl, Salem, VA, 24153 uses $148,500 cash to close to unlock $401/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,720/mo, and a $2,193/mo payment keeps the spread at $33/mo. Purchase price stands at $447,964, and rental yield measures 7.29% with $2,720/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $123,764 over five years. Five-year ROI reaches 104.05% and total cumulative return in cash records $154,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,720/mo property income covering a $2,193/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24153, Salem, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,874 (100%) |
| Owner Occupied HU | 11,469 (68.0%) |
| Renter Occupied HU | 4,141 (24.5%) |
| Vacant Housing Units | 1,264 ( 7.5%) |
| Median Home Value | $317,038 |
| Average Home Value | $367,775 |
Housing Distribution
Address Breakdown
Residential
16,321
Single Family
15,046
Multi-Family
1,275
Businesses
1,603
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Listed by: ROBERT PARKER FRALIN • R FRALIN & ASSOCIATES INC
Mls Name: RVAR
Mls Provider:
Mls ID: #910512
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