5518 Locust Avenue ExtDublinVA24084
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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 Dublin at 5518 Locust Avenue Ext, Dublin, VA, 24084 offers a 9.74% rental yield on a $134,450 purchase with $1,091/mo rent. Total monthly income registers $1,091/mo, and a $658/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,448/yr on $44,570 to close, and return on cash invested stands at 27.65% in year one. Equity gained on principal adds $868/yr while 5% annual appreciation supports $37,146 over five years. Portfolio math shows five-year ROI at 144.14% and total cumulative return in cash at $64,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,091/mo property income against a $658/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24084, Dublin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,207 (100%) |
| Owner Occupied HU | 3,395 (65.2%) |
| Renter Occupied HU | 1,139 (21.9%) |
| Vacant Housing Units | 673 (12.9%) |
| Median Home Value | $252,265 |
| Average Home Value | $366,212 |
Housing Distribution
Address Breakdown
Residential
4,706
Single Family
4,562
Multi-Family
144
Businesses
344
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Listed by: Darin Greear • Long & Foster - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424157
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