15 Park LnCrimoraVA24431
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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 Crimora at 15 Park Ln, Crimora, VA, 24431 with 5% annual appreciation on a $140,000 basis while $1,086/mo rent supports operations. Total monthly income totals $1,086/mo and a $685/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,992/yr on $46,410 deployed, and return on cash invested reaches 26.36% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.31%. Five-year ROI measures 137.19% and total cumulative return in cash totals $63,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,086/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24431, Crimora, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 982 (81.0%) |
| Renter Occupied HU | 151 (12.4%) |
| Vacant Housing Units | 80 ( 6.6%) |
| Median Home Value | $238,988 |
| Average Home Value | $271,479 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,080
Multi-Family
0
Businesses
39
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