1652 Happy Acres DrMonetaVA24121
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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 Moneta at 1652 Happy Acres Dr, Moneta, VA, 24121 generates $2,744/mo in rent and, after a $1,370/mo payment, leaves $1,071/mo in cash flow. Total monthly income is $2,744/mo, and annual cash flow is $12,849/yr on $92,787 invested. Return on cash invested sits at 33.76% in year one, and rental yield is 11.76% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 176.82% and total cumulative return in cash sums $164,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,744/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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