Newtown RdGreenwoodVA22943
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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 Greenwood at Newtown Rd, Greenwood, VA, 22943 uses $82,842 cash to close to unlock $5,523/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,223/mo payment keeps the spread at $460/mo. Purchase price stands at $249,900, and rental yield measures 9.38% with $1,954/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 138.34% and total cumulative return in cash records $114,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Lot
Built in N/A
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22943, Greenwood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 184 (67.4%) |
| Renter Occupied HU | 51 (18.7%) |
| Vacant Housing Units | 38 (13.9%) |
| Median Home Value | $637,097 |
| Average Home Value | $739,633 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
9
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Listed by: Ross Stevens • STEVENS & COMPANY-CROZET
Mls Name: CAAR
Mls Provider:
Mls ID: #656420
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.