1322 Kennon Rd, Mineral, VA, 23117 | $543/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1322 Kennon Rd, Mineral, VA, 23117 | $543/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mineral at 1322 Kennon Rd, Mineral, VA, 23117 listed at $370,000 pairs $2,755/mo rent with a $1,811/mo payment to leave $543/mo cash flow. Total monthly income runs $2,755/mo, and annual cash flow reaches $6,518/yr on $122,655 cash to close. Return on cash invested measures 25.22% in year one, and rental yield registers 8.94% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 131.08% and total cumulative return in cash totals $160,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,755/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2022

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 1322 Kennon Rd! This beautiful 3-bedroom, 2-bath rambler, built in 2022, sits on a peaceful 1.02-acre lot offering the perfect blend of modern comfort and country living. Step inside to an open floor plan with luxury vinyl plank flooring throughout, a spacious kitchen with granite countertops, stainless steel appliances, and a large center island for entertaining. Relax on the covered front porch or enjoy the outdoors on the 10x12 patio overlooking the spacious backyard. Convenient single-level living in a serene setting.T his home is move-in ready and waiting for you!

Neighborhood Data

Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,251 (100%)
Owner Occupied HU	4,077 (65.2%)
Renter Occupied HU	657 (10.5%)
Vacant Housing Units	1,517 (24.3%)
Median Home Value	$377,189
Average Home Value	$457,564