151 Steeles LnRaphineVA24472
Nearby investment properties with comparable rents
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 Raphine at 151 Steeles Ln, Raphine, VA, 24472 at $349,900 posts ROI 23.79% with $375/mo cash flow from $2,467/mo rent. Total monthly income equals $2,467/mo, and annual cash flow records $4,499/yr on $115,992 to close. Return on cash invested measures 23.79% and rental yield reads 8.46% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 123.36% and total cumulative return in cash totals $143,082.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24472, Raphine, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 812 (65.7%) |
| Renter Occupied HU | 218 (17.7%) |
| Vacant Housing Units | 205 (16.6%) |
| Median Home Value | $335,714 |
| Average Home Value | $365,810 |
Housing Distribution
Address Breakdown
Residential
984
Single Family
984
Multi-Family
0
Businesses
45
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