1187 Gigg RdDundasVA23938
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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 Dundas at 1187 Gigg Rd, Dundas, VA, 23938 listed at $419,900 pairs $3,199/mo rent with a $2,055/mo payment to leave $689/mo cash flow. Total monthly income runs $3,199/mo, and annual cash flow reaches $8,269/yr on $139,197 cash to close. Return on cash invested measures 25.85% in year one, and rental yield registers 9.14% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 134.45% and total cumulative return in cash totals $187,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,199/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23938, Dundas, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 205 (62.5%) |
| Renter Occupied HU | 69 (21.0%) |
| Vacant Housing Units | 54 (16.5%) |
| Median Home Value | $132,500 |
| Average Home Value | $186,061 |
Housing Distribution
Address Breakdown
Residential
171
Single Family
171
Multi-Family
0
Businesses
8
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