17 Montana DrCanaVA24317
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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 Cana at 17 Montana Dr, Cana, VA, 24317 priced at $145,000 converts $1,088/mo rent into $221/mo cash flow after a $710/mo obligation. Total monthly income equals $1,088/mo, and annual cash flow totals $2,651/yr on $48,068 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 9% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 132.13% and total cumulative return in cash sums $63,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,088/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1959
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24317, Cana, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,988 (100%) |
| Owner Occupied HU | 1,277 (64.2%) |
| Renter Occupied HU | 338 (17.0%) |
| Vacant Housing Units | 373 (18.8%) |
| Median Home Value | $142,663 |
| Average Home Value | $201,498 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
94
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