8141 General Mahone HwyWaverlyVA23890
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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 Waverly at 8141 General Mahone Hwy, Waverly, VA, 23890 uses $59,504 cash to close to unlock $3,726/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,384/mo, and a $879/mo payment keeps the spread at $311/mo. Purchase price stands at $179,500, and rental yield measures 9.25% with $1,384/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 136.17% and total cumulative return in cash records $81,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,384/mo property income covering a $879/mo payment rather than investor’s personal income.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23890, Waverly, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,949 (100%) |
| Owner Occupied HU | 1,138 (58.4%) |
| Renter Occupied HU | 512 (26.3%) |
| Vacant Housing Units | 299 (15.3%) |
| Median Home Value | $205,660 |
| Average Home Value | $251,384 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,441
Multi-Family
0
Businesses
185
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