15317 Devonwood RdMontpelierVA23192
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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 Montpelier at 15317 Devonwood Rd, Montpelier, VA, 23192 offers a 2.62% rental yield on a $1,099,750 purchase with $2,400/mo rent. 31% in year one. Equity gained on principal adds $7,097/yr while 5% annual appreciation supports $303,841 over five years. Portfolio math shows five-year ROI at 29.55% and total cumulative return in cash at $105,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $5,383/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23192, Montpelier, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,763 (100%) |
| Owner Occupied HU | 2,363 (85.5%) |
| Renter Occupied HU | 282 (10.2%) |
| Vacant Housing Units | 118 ( 4.3%) |
| Median Home Value | $527,715 |
| Average Home Value | $559,830 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,687
Multi-Family
0
Businesses
137
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Listed by: Matt Rutledge • Hometown Realty
Mls Name: CVRMLS
Mls ID: #2602491