10521 Stoney Bluff Dr #303AshlandVA23005
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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 Ashland at 10521 Stoney Bluff Dr #303, Ashland, VA, 23005 uses $79,560 cash to close to unlock $5,436/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $1,888/mo, and a $1,175/mo payment keeps the spread at $453/mo. Purchase price stands at $240,000, and rental yield measures 9.44% with $1,888/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 139.19% and total cumulative return in cash records $110,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,888/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 2021
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23005, Ashland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,798 (100%) |
| Owner Occupied HU | 5,395 (69.2%) |
| Renter Occupied HU | 1,943 (24.9%) |
| Vacant Housing Units | 460 ( 5.9%) |
| Median Home Value | $441,105 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
7,503
Single Family
7,117
Multi-Family
386
Businesses
1,830
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