124 Steeplechase DrPenn LairdVA22846
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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 Penn Laird at 124 Steeplechase Dr, Penn Laird, VA, 22846 listed at $949,900 pairs $3,902/mo rent with a $4,649/mo payment. Total monthly income runs $3,902/mo. Return on cash invested measures 13.24% in year one, and rental yield registers 4.93% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 66.76% and total cumulative return in cash totals $208,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,902/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22846, Penn Laird, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 559 (71.2%) |
| Renter Occupied HU | 202 (25.7%) |
| Vacant Housing Units | 24 ( 3.1%) |
| Median Home Value | $410,000 |
| Average Home Value | $516,717 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
84
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Listed by: Nick Whitelock • Massanutten Realty
Mls Name: Bright MLS
Mls ID: #VARO2002726