755 Garrison RdgPittsvilleVA24139
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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 Pittsville at 755 Garrison Rdg, Pittsville, VA, 24139 priced at $1,225,000 pairs $3,823/mo rent with after a $5,996/mo payment. Total monthly income equals $3,823/mo. Return on cash invested is 9.59% in year one, and rental yield stands at 3.74% on a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and 5% annual appreciation accumulates to $338,445 by year five. Five-year ROI measures 47.18% and total cumulative return in cash reaches $187,272. For financing, Ziffy Mortgage’s DSCR program evaluates $3,823/mo property income against a $5,996/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
1.66 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24139, Pittsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 399 (100%) |
| Owner Occupied HU | 260 (65.2%) |
| Renter Occupied HU | 47 (11.8%) |
| Vacant Housing Units | 92 (23.1%) |
| Median Home Value | $162,857 |
| Average Home Value | $250,125 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
4
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Listed by: Jada A. Turner • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Mls Name: RVAR
Mls Provider:
Mls ID: #916400
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