1610 Gravel Lick RdCastlewoodVA24224
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 Castlewood at 1610 Gravel Lick Rd, Castlewood, VA, 24224 at $168,500 posts ROI 25.98% with $282/mo cash flow from $1,290/mo rent. Total monthly income equals $1,290/mo, and annual cash flow records $3,390/yr on $55,858 to close. Return on cash invested measures 25.98% and rental yield reads 9.19% at the current $168,500. Equity gained on principal adds $1,087/yr, and 5% annual appreciation supports $46,553 by year five. Five-year ROI prints 135.14% and total cumulative return in cash totals $75,486.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
47.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24224, Castlewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,986 (100%) |
| Owner Occupied HU | 2,046 (68.5%) |
| Renter Occupied HU | 466 (15.6%) |
| Vacant Housing Units | 474 (15.9%) |
| Median Home Value | $122,854 |
| Average Home Value | $166,968 |
Housing Distribution
Address Breakdown
Residential
1,977
Single Family
1,977
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
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