1448 Stuarts Draft HwyStuarts DraftVA24477
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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 Stuarts Draft at 1448 Stuarts Draft Hwy, Stuarts Draft, VA, 24477 uses $101,108 cash to close to unlock $1,963/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,987/mo, and a $1,493/mo payment keeps the spread at $164/mo. Purchase price stands at $305,000, and rental yield measures 7.82% with $1,987/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $114,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Housing Distribution
Address Breakdown
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
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Listed by: CHARLIE WARD • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: CAAR
Mls Provider:
Mls ID: #664472