14040 W Patrick Henry Rd, Doswell, VA, 23047 | $70/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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14040 W Patrick Henry Rd, Doswell, VA, 23047 | $70/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

Rental property for sale in Doswell at 14040 W Patrick Henry Rd, Doswell, VA, 23047 generates $2,311/mo in rent and, after a $1,835/mo payment, leaves $70/mo in cash flow. Total monthly income is $2,311/mo, and annual cash flow is $837/yr on $124,313 invested. Return on cash invested sits at 20.58% in year one, and rental yield is 7.4% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 106.18% and total cumulative return in cash sums $131,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,311/mo property income rather than buyer’s personal income.

Single Family

Built in 1939

1.07 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated mid-1900s farmhouse in Doswell, Virginia. Offering nearly 1,600 square feet of living space, this three-bedroom, two-bathroom home sits on a spacious lot with both charm and modern comfort. The exterior features classic farmhouse architecture, fresh landscaping, and a covered front porchperfect for enjoying your mornings or relaxing evenings. Go inside to find a bright and inviting main level with fresh paint, gorgeous floors, updated lighting, and functional layout. The main level includes a spacious living room, a dining area, and a fully renovated kitchen with shaker-style cabinetry, quartz countertops, stainless steel appliances, and a large center island. Off the living room is a private main-level bedroom. A full bathroom is conveniently located off the dining area. With access from both the kitchen and living room, the laundry room and utility room is also on the main level with extra space for storage and usage. Upstairs, two additional bedrooms are positioned on either side of a centrally located full bathroom. Each bedroom offers natural light, clean finishes, and versatile space. This home has a newer HVAC system as well as laundry room with washer and dryer hook ups. The exterior of the property features large front and back yards with room for landscaping, outdoor activities, pets, or future expansion. Located just minutes from Kings Dominion, I-95, the Town of Ashland, and Richmond making this an ideal location. Dont miss this opportunityschedule your showing today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23047, Doswell, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	944 (100%)
Owner Occupied HU	742 (78.6%)
Renter Occupied HU	125 (13.2%)
Vacant Housing Units	77 ( 8.2%)
Median Home Value	$491,279
Average Home Value	$555,623