1751 New Hope And Crimora RdCrimoraVA24431
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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 Crimora at 1751 New Hope And Crimora Rd, Crimora, VA, 24431 generates $1,944/mo in rent, after a $2,134/mo payment. Total monthly income is $1,944/mo. Return on cash invested sits at 14.41% in year one, and rental yield is 5.35% on a $435,900 entry. Equity gained on principal adds $2,813/yr, while 5% annual appreciation builds toward $120,431 over five years. Five-year ROI reaches 73.07% and total cumulative return in cash sums $105,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24431, Crimora, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 982 (81.0%) |
| Renter Occupied HU | 151 (12.4%) |
| Vacant Housing Units | 80 ( 6.6%) |
| Median Home Value | $238,988 |
| Average Home Value | $271,479 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,080
Multi-Family
0
Businesses
39
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