1568 Ahart Ridge RdAraratVA24053
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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 Ararat at 1568 Ahart Ridge Rd, Ararat, VA, 24053 at $159,900 posts ROI 20.95% with $46/mo cash flow from $1,002/mo rent. Total monthly income equals $1,002/mo, and annual cash flow records $549/yr on $53,007 to close. Return on cash invested measures 20.95% and rental yield reads 7.52% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 108.13% and total cumulative return in cash totals $57,318.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24053, Ararat, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,303 (100%) |
| Owner Occupied HU | 786 (60.3%) |
| Renter Occupied HU | 244 (18.7%) |
| Vacant Housing Units | 273 (21.0%) |
| Median Home Value | $174,167 |
| Average Home Value | $239,253 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
1,099
Multi-Family
0
Businesses
36
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Listed by: Ronnie Collins • Keller Williams Realty Elite
Mls Name: SWVAR
Mls Provider:
Mls ID: #97250
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.