1472 Flattop Mountain Rd, Free Union, VA, 22940 | 3.08% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1472 Flattop Mountain Rd, Free Union, VA, 22940 | 3.08% Rental Yield | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
744 sft

517 King Ave, Waynesboro, VA, 22980

2 Bed
2 Bath
1232 sft

700 Rife Rd APT 10B, Waynesboro, VA, 22980

3 Bed
1 Bath
1063 sft

201 N Delphine Ave, Waynesboro, VA, 22980

1 Bed
1 Bath
705 sft

1600 A St, Waynesboro, VA, 22980

Nearby investment properties with comparable prices

4 Bed
2 Bath
2216 sft

201 Tomasville Dr, Waynesboro, VA, 22980

4 Bed
4 Bath
2423 sft

2031 Meyers Way, Crozet, VA, 22932

3 Bed
3 Bath
2715 sft

28 Little Chestnut Ln, Lyndhurst, VA, 22952

3 Bed
3 Bath
2299 sft

323 Claibourne Rd, Crozet, VA, 22932

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,408/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 3.08% with $1,408/mo rent. Return on cash invested shows 7.39% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 35.47% and total cumulative return in cash records $64,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,408/mo property income covering a $2,687/mo payment rather than investor’s personal income.

Single Family

Built in 1976

3 Acres lot

$N/A/sqft

$400 annually HOA

More details about the property

Set high in the rolling hills of Flattop Mountain, this rare mountain cabin offers 3 acres of private land and some of the most striking views in Virginia. Perched near Free Union, the property boasts sweeping vistas of the Blue Ridge Mountains and the valley below. Designed with an open-concept layout, the interior can comfortably sleep up to 10 depending on configuration, with living, dining, and kitchen areas all sharing one bright, rustic space filled with natural light. A 950-square-foot covered wraparound porch offers panoramic views and the perfect setting for relaxing, entertaining, or enjoying a barbecue in any weather. Unlike many mountain homes, this one offers the unique advantage of a view thats easy to maintain, with direct access to a service road that makes upkeep straightforward year-round. A private well delivers some of the best-tasting water on the mountain, and the location benefits from quick snowmelt in winter thanks to its ideal position on the slope. An in-ground propane tank and generator ensure comfort and reliability year-round. Community amenities include a pool, tennis court, and access to the Appalachian Trail via an HOA-owned lot, adding to the propertys appeal as a gateway to outdoor recreation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22940, Free Union, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	384 (100%)
Owner Occupied HU	243 (63.3%)
Renter Occupied HU	59 (15.4%)
Vacant Housing Units	82 (21.4%)
Median Home Value	$682,692
Average Home Value	$745,905