179 Flat Ridge RdSugar GroveVA24375
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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 Sugar Grove at 179 Flat Ridge Rd, Sugar Grove, VA, 24375 offers $0/mo rent that, after a $673/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.73% in year one, and rental yield stands at 0% at a $137,500 entry. Equity gained on principal adds $887/yr while 5% annual appreciation compounds into $37,989 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $673/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24375, Sugar Grove, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 475 (50.3%) |
| Renter Occupied HU | 144 (15.2%) |
| Vacant Housing Units | 326 (34.5%) |
| Median Home Value | $128,472 |
| Average Home Value | $176,358 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kaitlyn Short • Weichert Realtors-Short Way Real Estate
Mls Name: SWVAR
Mls ID: #104417