65 Pasadena KnlMartinsvilleVA24112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Martinsville at 65 Pasadena Knl, Martinsville, VA, 24112 at $140,000 posts ROI 31.92% with $464/mo cash flow from $1,301/mo rent. Total monthly income equals $1,301/mo, and annual cash flow records $5,572/yr on $46,410 to close. Return on cash invested measures 31.92% and rental yield reads 11.15% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 167.03% and total cumulative return in cash totals $77,518.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,301/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24112, Martinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,884 (100%) |
| Owner Occupied HU | 9,113 (57.4%) |
| Renter Occupied HU | 4,550 (28.6%) |
| Vacant Housing Units | 2,221 (14.0%) |
| Median Home Value | $134,764 |
| Average Home Value | $177,063 |
Housing Distribution
Address Breakdown
Residential
14,304
Single Family
13,486
Multi-Family
818
Businesses
1,041
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Listed by: TAYLOR YVONNE JOHNSON • MAC WESTLAND REAL ESTATE GROUP
Mls Name: RVAR
Mls ID: #917084