16320 Locust Run DrMontpelierVA23192
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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 16320 Locust Run Dr, Montpelier, VA, 23192 earns from $3,602/mo rent with a $3,353/mo payment. Total monthly income totals $3,602/mo. ROI tracks 17.43% on current figures, and rental yield reads 6.31% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 89.26% and total cumulative return in cash sums $201,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,602/mo property income instead of your personal income.
Single Family
Built in 1995
10.10 Acres 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: Patrick Riley • RVA Elite Realtors
Mls Name: CVRMLS
Mls ID: #2533692