175 Nixon DrGoreVA22637
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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 Gore at 175 Nixon Dr, Gore, VA, 22637 generates $2,935/mo in rent and, after a $2,006/mo payment, leaves $485/mo in cash flow. Total monthly income is $2,935/mo, and annual cash flow is $5,819/yr on $135,882 invested. Return on cash invested sits at 24.19% in year one, and rental yield is 8.59% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash sums $170,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,935/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22637, Gore, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 776 (79.5%) |
| Renter Occupied HU | 118 (12.1%) |
| Vacant Housing Units | 82 ( 8.4%) |
| Median Home Value | $449,107 |
| Average Home Value | $456,285 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
44
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