1485 Cartersville RdCumberlandVA23040
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Nearby investment properties with comparable prices
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 Cumberland at 1485 Cartersville Rd, Cumberland, VA, 23040 offers a 4.56% rental yield on a $409,950 purchase with $1,559/mo rent. 03% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,262 over five years. Portfolio math shows five-year ROI at 60.32% and total cumulative return in cash at $81,968. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23040, Cumberland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,222 (100%) |
| Owner Occupied HU | 1,489 (67.0%) |
| Renter Occupied HU | 422 (19.0%) |
| Vacant Housing Units | 311 (14.0%) |
| Median Home Value | $237,573 |
| Average Home Value | $288,284 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
124
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Listed by: Tracey McClung • Village Concepts Realty Group
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #56988
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.