1040 Red Jacket RdOakwoodVA24631
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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 Oakwood at 1040 Red Jacket Rd, Oakwood, VA, 24631 earns $368/mo cash flow from $1,498/mo rent with a $925/mo payment. Total monthly income totals $1,498/mo, and annual cash flow totals $4,419/yr on $62,654 capital. ROI tracks 26.96% on current figures, and rental yield reads 9.51% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 140.45% and total cumulative return in cash sums $87,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,498/mo property income instead of your personal income.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24631, Oakwood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 520 (59.6%) |
| Renter Occupied HU | 181 (20.7%) |
| Vacant Housing Units | 172 (19.7%) |
| Median Home Value | $74,627 |
| Average Home Value | $105,356 |
Housing Distribution
Address Breakdown
Residential
439
Single Family
439
Multi-Family
0
Businesses
60
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