967 2nd AveAlbertaVA23821
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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
Rental property for sale in Alberta at 967 2nd Ave, Alberta, VA, 23821 generates $1,638/mo in rent and, after a $1,219/mo payment, leaves $149/mo in cash flow. Total monthly income is $1,638/mo, and annual cash flow is $1,791/yr on $82,544 invested. Return on cash invested sits at 22.08% in year one, and rental yield is 7.89% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 114.25% and total cumulative return in cash sums $94,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,638/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23821, Alberta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 750 (100%) |
| Owner Occupied HU | 477 (63.6%) |
| Renter Occupied HU | 134 (17.9%) |
| Vacant Housing Units | 139 (18.5%) |
| Median Home Value | $158,984 |
| Average Home Value | $245,073 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
680
Multi-Family
0
Businesses
31
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