1310 Monocan DrNellysfordVA22958
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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
Rental property for sale in Nellysford at 1310 Monocan Dr, Nellysford, VA, 22958 generates $6,484/mo in rent, after a $7,819/mo payment. Total monthly income is $6,484/mo. Return on cash invested sits at 13.26% in year one, and rental yield is 4.87% on a $1,597,500 entry. Equity gained on principal adds $10,308/yr, while 5% annual appreciation builds toward $441,360 over five years. Five-year ROI reaches 66.82% and total cumulative return in cash sums $345,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,484/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22958, Nellysford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,032 (100%) |
| Owner Occupied HU | 718 (69.6%) |
| Renter Occupied HU | 111 (10.8%) |
| Vacant Housing Units | 203 (19.7%) |
| Median Home Value | $554,545 |
| Average Home Value | $644,460 |
Housing Distribution
Address Breakdown
Residential
984
Single Family
984
Multi-Family
0
Businesses
111
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Listed by: ROBERT CRAIG • WINTERGREEN REALTY, LLC
Mls Name: CAAR
Mls ID: #672235