1324 Remington Ridge Dr, Goode, VA, 24556 | $106/mo Cash Flow

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

Rental property for sale in Goode at 1324 Remington Ridge Dr, Goode, VA, 24556 generates $2,760/mo in rent and, after a $2,173/mo payment, leaves $106/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $1,272/yr on $147,186 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 7.46% on a $444,000 entry. Equity gained on principal adds $2,865/yr, while 5% annual appreciation builds toward $122,669 over five years. Five-year ROI reaches 107.19% and total cumulative return in cash sums $157,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.

Single Family

Built in 2000

1.61 Acres lot

$N/A/sqft

No HOA