129 Lake Caroline DrRuther GlenVA22546
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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 Ruther Glen at 129 Lake Caroline Dr, Ruther Glen, VA, 22546 listed at $405,000 pairs $1,898/mo rent with a $1,982/mo payment. Total monthly income runs $1,898/mo. Return on cash invested measures 15.24% in year one, and rental yield registers 5.62% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 77.52% and total cumulative return in cash totals $104,078. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,898/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22546, Ruther Glen, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 6,067 (78.9%) |
| Renter Occupied HU | 1,020 (13.3%) |
| Vacant Housing Units | 598 ( 7.8%) |
| Median Home Value | $314,950 |
| Average Home Value | $339,388 |
Housing Distribution
Address Breakdown
Residential
7,237
Single Family
7,237
Multi-Family
0
Businesses
252
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Listed by: Miesa Brown-Richards • Epique Realty
Mls Name: Bright MLS
Mls ID: #VACV2009072