118 Jaspers LnStuarts DraftVA24477
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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
Rental property for sale in Stuarts Draft at 118 Jaspers Ln, Stuarts Draft, VA, 24477 priced at $494,990 pairs $1,560/mo rent with after a $2,423/mo payment. Total monthly income equals $1,560/mo. Return on cash invested is 9.68% in year one, and rental yield stands at 3.78% on a $494,990 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,757 by year five. Five-year ROI measures 47.69% and total cumulative return in cash reaches $78,259. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Housing Distribution
Address Breakdown
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
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Listed by: Kathy Cassidy • D.R. Horton Realty of Virginia LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #656595