649 Henry StMarionVA24354
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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 Marion at 649 Henry St, Marion, VA, 24354 with 5% annual appreciation on a $109,900 basis while $846/mo rent supports operations. Total monthly income totals $846/mo and a $538/mo payment preserves $189/mo for cash returns. Annual cash flow comes to $2,267/yr on $36,432 deployed, and return on cash invested reaches 26.13% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9.24%. Five-year ROI measures 135.95% and total cumulative return in cash totals $49,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $846/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24354, Marion, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,033 (100%) |
| Owner Occupied HU | 4,077 (58.0%) |
| Renter Occupied HU | 2,035 (28.9%) |
| Vacant Housing Units | 921 (13.1%) |
| Median Home Value | $151,039 |
| Average Home Value | $186,291 |
Housing Distribution
Address Breakdown
Residential
6,496
Single Family
6,439
Multi-Family
57
Businesses
576
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Listed by: Logan Crutchfield • Robin's Nest Realty LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #97913
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.