817 Music St, Gretna, VA, 24557 | 7.09% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gretna at 817 Music St, Gretna, VA, 24557 generates $610/mo in rent, after a $505/mo payment. Total monthly income is $610/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 7.09% on a $103,200 entry. Equity gained on principal adds $666/yr, while 5% annual appreciation builds toward $28,512 over five years. Five-year ROI reaches 101.37% and total cumulative return in cash sums $34,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $610/mo property income rather than buyer’s personal income.

Single Family

Built in 1972

6.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24557, Gretna, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,812 (100%)
Owner Occupied HU	2,466 (64.7%)
Renter Occupied HU	817 (21.4%)
Vacant Housing Units	529 (13.9%)
Median Home Value	$130,124
Average Home Value	$166,033