17710 Franklin TpkeCallandsVA24530
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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 Callands at 17710 Franklin Tpke, Callands, VA, 24530 generates $1,466/mo in rent and, after a $1,152/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,466/mo, and annual cash flow is $709/yr on $78,002 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.48% on a $235,300 entry. Equity gained on principal adds $1,518/yr, while 5% annual appreciation builds toward $65,009 over five years. Five-year ROI reaches 107.48% and total cumulative return in cash sums $83,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24530, Callands, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 393 (65.4%) |
| Renter Occupied HU | 98 (16.3%) |
| Vacant Housing Units | 110 (18.3%) |
| Median Home Value | $157,738 |
| Average Home Value | $163,142 |
Housing Distribution
Address Breakdown
Residential
528
Single Family
528
Multi-Family
0
Businesses
14
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