12359 Ashcake RdAshlandVA23005
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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 Ashland at 12359 Ashcake Rd, Ashland, VA, 23005 listed at $699,999 pairs $3,728/mo rent with a $3,426/mo payment. Total monthly income runs $3,728/mo. Return on cash invested measures 17.68% in year one, and rental yield registers 6.39% at a $699,999 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 90.59% and total cumulative return in cash totals $208,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,728/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
3.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23005, Ashland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,798 (100%) |
| Owner Occupied HU | 5,395 (69.2%) |
| Renter Occupied HU | 1,943 (24.9%) |
| Vacant Housing Units | 460 ( 5.9%) |
| Median Home Value | $441,105 |
| Average Home Value | $472,164 |
Housing Distribution
Address Breakdown
Residential
7,503
Single Family
7,117
Multi-Family
386
Businesses
1,830
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