103 Cables CtGoodviewVA24095
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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 Goodview at 103 Cables Ct, Goodview, VA, 24095 offers a 7.71% rental yield on a $309,950 purchase with $1,991/mo rent. Total monthly income registers $1,991/mo, and a $1,517/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,559/yr on $102,748 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,633 over five years. Portfolio math shows five-year ROI at 110.73% and total cumulative return in cash at $113,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,991/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1.08 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24095, Goodview, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,571 (71.8%) |
| Renter Occupied HU | 261 (11.9%) |
| Vacant Housing Units | 357 (16.3%) |
| Median Home Value | $371,732 |
| Average Home Value | $436,221 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
2,010
Multi-Family
0
Businesses
46
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Listed by: Grant Cockrell • RE/MAX ALL STARS
Mls Name: RVAR
Mls Provider:
Mls ID: #916289
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