122 Spring Ridge DrStuarts 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
Investment property for sale in Stuarts Draft at 122 Spring Ridge Dr, Stuarts Draft, VA, 24477 at $399,900 posts ROI 17.82% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 17.82% and rental yield reads 6.48% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 91.4% and total cumulative return in cash totals $121,160. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.45 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: JILL ARGENBRIGHT • EARHART AND ASSOCIATES
Mls Name: CAAR
Mls ID: #668715