162 Tims Draft LnWest AugustaVA24485
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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
Rental property for sale in West Augusta at 162 Tims Draft Ln, West Augusta, VA, 24485 offers $1,849/mo rent that, after a $3,916/mo payment. Total monthly income is $1,849/mo. Return on cash invested measures 6.68% in year one, and rental yield stands at 2.77% at a $799,999 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 31.63% and total cumulative return in cash reaches $83,239. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,849/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1847
62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24485, West Augusta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 161 (51.1%) |
| Renter Occupied HU | 20 ( 6.3%) |
| Vacant Housing Units | 134 (42.5%) |
| Median Home Value | $303,191 |
| Average Home Value | $404,193 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
197
Multi-Family
0
Businesses
2
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Listed by: Brian Keith Broughman • NAI BROUGHMAN COMMERCIAL
Mls Name: RVAR
Mls Provider:
Mls ID: #917614
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