54 Thorofare RdCrimoraVA24431
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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 Crimora at 54 Thorofare Rd, Crimora, VA, 24431 uses $116,025 cash to close to unlock $1,462/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,713/mo payment keeps the spread at $122/mo. Purchase price stands at $350,000, and rental yield measures 7.59% with $2,214/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $126,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24431, Crimora, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 982 (81.0%) |
| Renter Occupied HU | 151 (12.4%) |
| Vacant Housing Units | 80 ( 6.6%) |
| Median Home Value | $238,988 |
| Average Home Value | $271,479 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,080
Multi-Family
0
Businesses
39
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