931 Fairgrounds RdFarmvilleVA23901
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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 Farmville at 931 Fairgrounds Rd, Farmville, VA, 23901 earns $272/mo cash flow from $1,162/mo rent with a $729/mo payment. Total monthly income totals $1,162/mo, and annual cash flow totals $3,259/yr on $49,394 capital. ROI tracks 26.51% on current figures, and rental yield reads 9.36% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 137.98% and total cumulative return in cash sums $68,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,162/mo property income instead of your personal income.
Single Family
Built in 1960
2.01 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
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