0 Hickory Cove Ln LOT 3, Moneta, VA, 24121 | $283/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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0 Hickory Cove Ln LOT 3, Moneta, VA, 24121 | $283/mo Cash Flow | Ziffy

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 Moneta at 0 Hickory Cove Ln LOT 3, Moneta, VA, 24121 priced at $369,900 converts $2,494/mo rent into $283/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,494/mo, and annual cash flow totals $3,399/yr on $122,622 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 8.09% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 117.45% and total cumulative return in cash sums $144,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,494/mo property income covering a $1,810/mo payment, not borrower’s personal income.

Single Family

Built in 2025

0.87 Acres lot

$N/A/sqft

No HOA

More details about the property

This stunning Summit Shed Dormer model is currently under construction with an estimated completion date of 05/01/26. This home features one level living in a beautiful 3 bedroom 2 bathroom house with open floor plan and a spacious living area with electric fireplace. The kitchen is a chefs delight with a kitchen island, plentiful cabinet space and open layout. Enjoy the spacious master bedroom with a walk-in closet and en-suite bathroom. Relax or entertain on the on the front porch or back deck. The exterior finish will be elegant black vinyl siding. Disclaimer: This property is currently under construction. All images, renderings, and descriptions are for illustrative purposes only and may include optional upgrades or features that are not included in the base price of the home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,805 (100%)
Owner Occupied HU	4,423 (56.7%)
Renter Occupied HU	643 ( 8.2%)
Vacant Housing Units	2,739 (35.1%)
Median Home Value	$493,149
Average Home Value	$589,306