71 Main StReedvilleVA22539
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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 Reedville at 71 Main St, Reedville, VA, 22539 uses $117,683 cash to close to unlock $3,497/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $2,414/mo, and a $1,738/mo payment keeps the spread at $291/mo. Purchase price stands at $355,000, and rental yield measures 8.16% with $2,414/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 118.51% and total cumulative return in cash records $139,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22539, Reedville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 971 (46.8%) |
| Renter Occupied HU | 129 ( 6.2%) |
| Vacant Housing Units | 976 (47.0%) |
| Median Home Value | $426,520 |
| Average Home Value | $491,202 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
63
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