1024 The Great RdFieldaleVA24089
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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 Fieldale at 1024 The Great Rd, Fieldale, VA, 24089 offers $3,701/mo rent that, after a $4,400/mo payment. Total monthly income is $3,701/mo. Return on cash invested measures 13.27% in year one, and rental yield stands at 4.94% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 66.96% and total cumulative return in cash reaches $198,034. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,701/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1111
21.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24089, Fieldale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 768 (63.1%) |
| Renter Occupied HU | 281 (23.1%) |
| Vacant Housing Units | 169 (13.9%) |
| Median Home Value | $97,458 |
| Average Home Value | $150,130 |
Housing Distribution
Address Breakdown
Residential
1,046
Single Family
1,023
Multi-Family
23
Businesses
60
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