110 Mill Race RdVeronaVA24482
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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 Verona at 110 Mill Race Rd, Verona, VA, 24482 with 5% annual appreciation on a $425,000 basis while $2,377/mo rent supports operations. 52% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 6.71%. Five-year ROI measures 95.1% and total cumulative return in cash totals $133,985. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,377/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
4.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24482, Verona, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,449 (71.4%) |
| Renter Occupied HU | 452 (22.3%) |
| Vacant Housing Units | 129 ( 6.4%) |
| Median Home Value | $309,478 |
| Average Home Value | $338,671 |
Housing Distribution
Address Breakdown
Residential
1,764
Single Family
1,740
Multi-Family
24
Businesses
246
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