5597 Riggs StDublinVA24084
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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
Rental property for sale in Dublin at 5597 Riggs St, Dublin, VA, 24084 priced at $209,000 converts $1,627/mo rent into $378/mo cash flow after a $1,023/mo obligation. Total monthly income equals $1,627/mo, and annual cash flow totals $4,531/yr on $69,284 invested. Return on cash invested prints 26.45% in year one, and rental yield reads 9.34% against a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation compiles into $57,743 by year five. Five-year ROI reaches 137.66% and total cumulative return in cash sums $95,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,627/mo property income covering a $1,023/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.30 Acres 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: Dwight Atkinson • Nest Realty SWVA
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422115
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