18 Little River RdGoshenVA24439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Goshen at 18 Little River Rd, Goshen, VA, 24439 offers $2,047/mo rent that, after a $1,265/mo payment, leaves $502/mo cash flow. Total monthly income is $2,047/mo, and annual cash flow is $6,025/yr on $85,660 cash. Return on cash invested measures 26.94% in year one, and rental yield stands at 9.51% at a $258,400 entry. Equity gained on principal adds $1,667/yr while 5% annual appreciation compounds into $71,391 by year five. Five-year ROI records 140.35% and total cumulative return in cash reaches $120,223. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,047/mo property income versus a $1,265/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24439, Goshen, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 404 (62.7%) |
| Renter Occupied HU | 83 (12.9%) |
| Vacant Housing Units | 157 (24.4%) |
| Median Home Value | $313,433 |
| Average Home Value | $365,854 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
21
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