100 Dockside Cir UNIT 201, Moneta, VA, 24121 | 4.67% Rental Yield

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100 Dockside Cir UNIT 201, Moneta, VA, 24121 | 4.67% Rental Yield | 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 100 Dockside Cir UNIT 201, Moneta, VA, 24121 generates $1,558/mo in rent, after a $1,958/mo payment. Total monthly income is $1,558/mo. Return on cash invested sits at 12.37% in year one, and rental yield is 4.67% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 62.13% and total cumulative return in cash sums $82,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,558/mo property income rather than buyer’s personal income.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

UNEQUIVOCALLY SPECIAL. Location. Ambiance. Walk-Out. End-Unit. It is different from the rest! From the impressive stone facade of the fireplace to the earthy tone of the tile flooring, you will instantly be enveloped with the sense of a rustic lake getaway - in a condo! Details you never knew that matter: cars park parallel to this unit (no headlights flood your bedroom), the exterior HVAC units do not spoil your approach or enjoyment outdoors, end units have more windows, there is flat land right off the deck with plenty of room for grilling and lying in the grass, also just steps from the water with access to a community use boat dock, AND the way this one looks out from its cozy tucked away cove over the water as it widens and off to the mountains in the distance, is simply magic! *ADDITIONAL PHOTOS AND DETAILS FORTHCOMING!

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