1644 Rickey RdMax MeadowsVA24360
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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 Max Meadows at 1644 Rickey Rd, Max Meadows, VA, 24360 earns $566/mo cash flow from $1,970/mo rent with a $1,150/mo payment. Total monthly income totals $1,970/mo, and annual cash flow totals $6,786/yr on $77,869 capital. ROI tracks 28.62% on current figures, and rental yield reads 10.06% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 149.32% and total cumulative return in cash sums $116,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,970/mo property income instead of your personal income.
Single Family
Built in 1991
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24360, Max Meadows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,912 (69.7%) |
| Renter Occupied HU | 458 (16.7%) |
| Vacant Housing Units | 375 (13.7%) |
| Median Home Value | $208,901 |
| Average Home Value | $235,506 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
118
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Listed by: William Tad Phipps • RE/MAX Landmark Real Estate
Mls Name: SWVAR
Mls Provider:
Mls ID: #97926
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.