17392 Old Ridge RdMontpelierVA23192
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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 17392 Old Ridge Rd, Montpelier, VA, 23192 listed at $395,950 pairs $2,618/mo rent with a $1,938/mo payment to leave $251/mo cash flow. Total monthly income runs $2,618/mo, and annual cash flow reaches $3,013/yr on $131,257 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 7.93% at a $395,950 basis. Equity gained on principal adds $2,555/yr, and annual property appreciation at 5% supports $109,394 by year five. Five-year ROI tracks 114.9% and total cumulative return in cash totals $150,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,618/mo property income relative to a $1,938/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
3.50 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: Brittany Olive • RVA Realty, Inc
Mls Name: CVRMLS
Mls ID: #2532891