5550 Greensboro RdRidgewayVA24148
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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 Ridgeway at 5550 Greensboro Rd, Ridgeway, VA, 24148 earns $174/mo cash flow from $1,608/mo rent with a $1,174/mo payment. Total monthly income totals $1,608/mo, and annual cash flow totals $2,089/yr on $79,527 capital. ROI tracks 22.54% on current figures, and rental yield reads 8.04% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash sums $92,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,608/mo property income instead of your personal income.
Single Family
Built in 1950
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24148, Ridgeway, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,679 (100%) |
| Owner Occupied HU | 2,616 (71.1%) |
| Renter Occupied HU | 646 (17.6%) |
| Vacant Housing Units | 417 (11.3%) |
| Median Home Value | $162,326 |
| Average Home Value | $183,407 |
Housing Distribution
Address Breakdown
Residential
3,470
Single Family
3,390
Multi-Family
80
Businesses
191
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