697 Pigeon PathEbonyVA23845
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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 Ebony at 697 Pigeon Path, Ebony, VA, 23845 offers $1,147/mo rent that, after a $2,387/mo payment. Total monthly income is $1,147/mo. Return on cash invested measures 6.78% in year one, and rental yield stands at 2.82% at a $487,620 entry. Equity gained on principal adds $3,147/yr while 5% annual appreciation compounds into $134,720 by year five. Five-year ROI records 32.17% and total cumulative return in cash reaches $52,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,147/mo property income versus a $2,387/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23845, Ebony, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 395 (100%) |
| Owner Occupied HU | 229 (58.0%) |
| Renter Occupied HU | 67 (17.0%) |
| Vacant Housing Units | 99 (25.1%) |
| Median Home Value | $220,192 |
| Average Home Value | $317,325 |
Housing Distribution
Address Breakdown
Residential
220
Single Family
220
Multi-Family
0
Businesses
19
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