5918-5938 N Lee HwyFairfieldVA24435
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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 Fairfield at 5918-5938 N Lee Hwy, Fairfield, VA, 24435 generates $0/mo in rent, after a $2,198/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.73% in year one, and rental yield is 0% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
6.29 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices