1501 Saxkey RdDrakes BranchVA23937
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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 Drakes Branch at 1501 Saxkey Rd, Drakes Branch, VA, 23937 listed at $1,249,900 pairs $3,802/mo rent with a $6,118/mo payment. Total monthly income runs $3,802/mo. Return on cash invested measures 9.49% in year one, and rental yield registers 3.65% at a $1,249,900 basis. Equity gained on principal adds $8,065/yr, and annual property appreciation at 5% supports $345,324 by year five. Five-year ROI tracks 46.61% and total cumulative return in cash totals $188,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,802/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1751
86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23937, Drakes Branch, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 492 (58.4%) |
| Renter Occupied HU | 200 (23.7%) |
| Vacant Housing Units | 151 (17.9%) |
| Median Home Value | $164,189 |
| Average Home Value | $306,336 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
718
Multi-Family
32
Businesses
47
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Listed by: Janet Sue Miller • Century 21 Realty @ Home
Mls Name: LMLS
Mls Provider:
Mls ID: #361507
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.