702 Westview StNarrowsVA24124
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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 Narrows at 702 Westview St, Narrows, VA, 24124 earns $354/mo cash flow from $1,436/mo rent with a $886/mo payment. Total monthly income totals $1,436/mo, and annual cash flow totals $4,247/yr on $60,002 capital. ROI tracks 26.99% on current figures, and rental yield reads 9.52% at a $181,000 purchase. Equity gained on principal adds $1,168/yr, and 5% annual appreciation supports $50,007 over five years. Five-year ROI reaches 140.51% and total cumulative return in cash sums $84,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,436/mo property income instead of your personal income.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24124, Narrows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,387 (63.2%) |
| Renter Occupied HU | 495 (22.6%) |
| Vacant Housing Units | 311 (14.2%) |
| Median Home Value | $134,464 |
| Average Home Value | $210,771 |
Housing Distribution
Address Breakdown
Residential
1,883
Single Family
1,878
Multi-Family
5
Businesses
90
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