187 Pine Needles LnAftonVA22920
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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 Afton at 187 Pine Needles Ln, Afton, VA, 22920 generates $4,224/mo in rent and, after a $3,230/mo payment, leaves $250/mo in cash flow. Total monthly income is $4,224/mo, and annual cash flow is $2,998/yr on $217,140 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 7.68% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 110.8% and total cumulative return in cash sums $240,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,224/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
5.74 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22920, Afton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 1,405 (70.5%) |
| Renter Occupied HU | 286 (14.3%) |
| Vacant Housing Units | 303 (15.2%) |
| Median Home Value | $544,771 |
| Average Home Value | $639,324 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,906
Multi-Family
0
Businesses
59
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Listed by: Erica May • ERA BILL MAY REALTY CO.
Mls Name: CAAR
Mls Provider:
Mls ID: #654528
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.