103 6th AveLurayVA22835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Luray at 103 6th Ave, Luray, VA, 22835 listed at $275,000 pairs $1,996/mo rent with a $1,346/mo payment to leave $352/mo cash flow. Total monthly income runs $1,996/mo, and annual cash flow reaches $4,225/yr on $91,163 cash to close. Return on cash invested measures 24.54% in year one, and rental yield registers 8.71% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 127.46% and total cumulative return in cash totals $116,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,996/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22835, Luray, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,019 (100%) |
| Owner Occupied HU | 3,628 (60.3%) |
| Renter Occupied HU | 1,352 (22.5%) |
| Vacant Housing Units | 1,039 (17.3%) |
| Median Home Value | $279,664 |
| Average Home Value | $327,532 |
Housing Distribution
Address Breakdown
Residential
5,635
Single Family
5,484
Multi-Family
151
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices