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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Faber at 1600 Rock Spring Rd, Faber, VA, 22938 offers $1,680/mo rent that, after a $2,423/mo payment. Total monthly income is $1,680/mo. Return on cash invested measures 10.55% in year one, and rental yield stands at 4.07% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 52.4% and total cumulative return in cash reaches $85,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22938, Faber, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 475 (67.9%) |
| Renter Occupied HU | 127 (18.1%) |
| Vacant Housing Units | 98 (14.0%) |
| Median Home Value | $445,604 |
| Average Home Value | $563,853 |
Residential
647
Single Family
647
Multi-Family
0
Businesses
14
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Liz Raney • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls Provider:
Mls ID: #657637
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.
