1078 Lakefront DrClarksvilleVA23927
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 Clarksville at 1078 Lakefront Dr, Clarksville, VA, 23927 priced at $375,000 pairs $2,656/mo rent with $415/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,656/mo, and annual cash flow comes to $4,977/yr on $124,313 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 8.5% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 124.03% and total cumulative return in cash reaches $154,191. For financing, Ziffy Mortgage’s DSCR program evaluates $2,656/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23927, Clarksville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,539 (100%) |
| Owner Occupied HU | 1,613 (45.6%) |
| Renter Occupied HU | 504 (14.2%) |
| Vacant Housing Units | 1,422 (40.2%) |
| Median Home Value | $311,316 |
| Average Home Value | $370,203 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,488
Multi-Family
0
Businesses
263
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Nearby investment properties with comparable prices
Listed by: Les Roark • Lee Simmons Signature Realty
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #54093
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.