95 Turner Ashby CtMartinsvilleVA24112
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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 95 Turner Ashby Ct, Martinsville, VA, 24112 earns $1,351/mo cash flow from $3,562/mo rent with a $1,810/mo payment. Total monthly income totals $3,562/mo, and annual cash flow totals $16,215/yr on $122,622 capital. ROI tracks 33.13% on current figures, and rental yield reads 11.56% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 173.5% and total cumulative return in cash sums $212,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,562/mo property income instead of your personal income.
Single Family
Built in 1979
0.61 Acres 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: Penny Elliott • Adams Realty,Inc.
Mls Name: MVMLS
Mls ID: #145718