7718 Abilene RdFarmvilleVA23901
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
Rental property for sale in Farmville at 7718 Abilene Rd, Farmville, VA, 23901 generates $1,408/mo in rent and, after a $1,077/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,408/mo, and annual cash flow is $1,112/yr on $72,930 invested. Return on cash invested sits at 21.43% in year one, and rental yield is 7.68% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash sums $80,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,408/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23901, Farmville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,986 (100%) |
| Owner Occupied HU | 3,656 (52.3%) |
| Renter Occupied HU | 2,297 (32.9%) |
| Vacant Housing Units | 1,033 (14.8%) |
| Median Home Value | $258,258 |
| Average Home Value | $314,240 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,277
Multi-Family
252
Businesses
691
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices