55 Emerson PlFairfieldVA24435
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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 Fairfield at 55 Emerson Pl, Fairfield, VA, 24435 offers a 3.11% rental yield on a $599,900 purchase with $1,553/mo rent. 7% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 37.08% and total cumulative return in cash at $73,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,553/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24435, Fairfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 891 (100%) |
| Owner Occupied HU | 596 (66.9%) |
| Renter Occupied HU | 162 (18.2%) |
| Vacant Housing Units | 133 (14.9%) |
| Median Home Value | $254,762 |
| Average Home Value | $278,901 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
67
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