1055 Pendleton Rd, Mineral, VA, 23117 | 2.35% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1055 Pendleton Rd, Mineral, VA, 23117 | 2.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,961/mo, and a $4,895/mo payment. Purchase price stands at $1,000,000, and rental yield measures 2.35% with $1,961/mo rent. Return on cash invested shows 5.41% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 24.76% and total cumulative return in cash records $81,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $4,895/mo payment rather than investor’s personal income.

Single Family

Built in 1993

81.16 Acres lot

$N/A/sqft

No HOA

More details about the property

81.164 +/- ACRES to include 3 separate parcels: 36.006 acres + 41.525 acres + 3.36 acres and TWO ROAD FRONTAGES Rt 522 and Rt 605. Also included a 2 story home and mobile home. Located near the historic Town of Mineral, dead center of Louisa County, VA only minutes from Lake Anna, and approximately 45 minute drive to Richmond, to Charlottesville, or to Fredericksburg. The 81.164 +/- ACRE property is wooded with mature hardwoods, rolling hills and 3 spring-fed creeks. This land's prime location makes an ideal development with Split Zones A-2 (Agricultural) and R-2 (Residential). So many options for clearing, farming, trail systems, future homesites etc. The property hosts an abudance of wildlife and well situated for outdoor enthusiasts. Sale includes 3 parcels in the middle of Louisa County. Parcel ID #1) 59-46D is 36.006 acres 1055 Pendleton Road, Mineral VA 23117. Parcel ID #2) 59-46 is 41.525 acres 1055 Pendleton Road, Mineral VA 23117. Parcel ID #3) 59-9-2 is 3.63 acres 870 Willis Profitt Road, Mineral VA 23117. Sale includes a 2 story home located on 1055 Pendleton Road and a mobile home located on 870 Willis Proffitt Rd.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,251 (100%)
Owner Occupied HU	4,077 (65.2%)
Renter Occupied HU	657 (10.5%)
Vacant Housing Units	1,517 (24.3%)
Median Home Value	$377,189
Average Home Value	$457,564