1074 Simmons Gap RdDykeVA22935
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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 Dyke at 1074 Simmons Gap Rd, Dyke, VA, 22935 earns from $4,470/mo rent with a $5,849/mo payment. Total monthly income totals $4,470/mo. ROI tracks 12.08% on current figures, and rental yield reads 4.49% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 60.5% and total cumulative return in cash sums $234,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,470/mo property income instead of your personal income.
Single Family
Built in 2006
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22935, Dyke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 485 (100%) |
| Owner Occupied HU | 355 (73.2%) |
| Renter Occupied HU | 68 (14.0%) |
| Vacant Housing Units | 62 (12.8%) |
| Median Home Value | $480,147 |
| Average Home Value | $579,620 |
Housing Distribution
Address Breakdown
Residential
362
Single Family
362
Multi-Family
0
Businesses
15
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Listed by: Pamela Story Dent • MCLEAN FAULCONER INC., REALTOR
Mls Name: CAAR
Mls Provider:
Mls ID: #657379
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.