106 Crimora Mine RdCrimoraVA24431
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
Rental property for sale in Crimora at 106 Crimora Mine Rd, Crimora, VA, 24431 offers $2,603/mo rent that, after a $2,078/mo payment, leaves $65/mo cash flow. Total monthly income is $2,603/mo, and annual cash flow is $781/yr on $140,722 cash. Return on cash invested measures 20.46% in year one, and rental yield stands at 7.36% at a $424,500 entry. Equity gained on principal adds $2,739/yr while 5% annual appreciation compounds into $117,282 by year five. Five-year ROI records 105.56% and total cumulative return in cash reaches $148,552. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,603/mo property income versus a $2,078/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24431, Crimora, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 982 (81.0%) |
| Renter Occupied HU | 151 (12.4%) |
| Vacant Housing Units | 80 ( 6.6%) |
| Median Home Value | $238,988 |
| Average Home Value | $271,479 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,080
Multi-Family
0
Businesses
39
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