18 Iron Horse LnFishersvilleVA22939
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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 Fishersville at 18 Iron Horse Ln, Fishersville, VA, 22939 offers $1,800/mo rent that, after a $1,605/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 17.07% in year one, and rental yield stands at 6.59% at a $327,933 entry. Equity gained on principal adds $2,116/yr while 5% annual appreciation compounds into $90,602 by year five. Five-year ROI records 87.73% and total cumulative return in cash reaches $95,374. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $1,605/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
3,049 sqft lot
$N/A/sqft
$97 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22939, Fishersville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 2,006 (68.9%) |
| Renter Occupied HU | 732 (25.1%) |
| Vacant Housing Units | 174 ( 6.0%) |
| Median Home Value | $347,668 |
| Average Home Value | $479,605 |
Housing Distribution
Address Breakdown
Residential
2,762
Single Family
2,694
Multi-Family
68
Businesses
370
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Listed by: DAN CONQUEST • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #656615