810 Jefferson CirMartinsvilleVA24112
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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 Martinsville at 810 Jefferson Cir, Martinsville, VA, 24112 earns $592/mo cash flow from $1,488/mo rent with a $734/mo payment. Total monthly income totals $1,488/mo, and annual cash flow totals $7,099/yr on $49,692 capital. ROI tracks 34.2% on current figures, and rental yield reads 11.91% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 179.23% and total cumulative return in cash sums $89,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,488/mo property income instead of your personal income.
Single Family
Built in 1941
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24112, Martinsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,884 (100%) |
| Owner Occupied HU | 9,113 (57.4%) |
| Renter Occupied HU | 4,550 (28.6%) |
| Vacant Housing Units | 2,221 (14.0%) |
| Median Home Value | $134,764 |
| Average Home Value | $177,063 |
Housing Distribution
Address Breakdown
Residential
14,304
Single Family
13,486
Multi-Family
818
Businesses
1,041
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Listed by: CATHY F SPENCER • THE SPENCER GROUP REAL ESTATE & AUCTION INC
Mls Name: RVAR
Mls ID: #921419