1900 Creekside Ct, Mcgaheysville, VA, 22840 | 6.97% Rental Yield

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1900 Creekside Ct, Mcgaheysville, VA, 22840 | 6.97% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mcgaheysville at 1900 Creekside Ct, Mcgaheysville, VA, 22840 priced at $319,900 pairs $1,859/mo rent with after a $1,566/mo payment. Total monthly income equals $1,859/mo. Return on cash invested is 19.3% in year one, and rental yield stands at 6.97% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 99.33% and total cumulative return in cash reaches $105,332. For financing, Ziffy Mortgage’s DSCR program evaluates $1,859/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1998

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! Why rent when you can own this updated home, nestled in the serene Stony Run subdivision. This charming 3-bedroom, 2-bath split-level home has been newly renovated, offering modern comforts and style. With sufficient space for relaxing as well as entertaining this home is sure to please. The stunning new eat-in kitchen, showcasing premium cabinetry, is ideal for cooking and entertaining with family and friends. A back deck provides a tranquil retreat where you can unwind and listen to the soothing sounds of the wet weather stream. Located at the end of a peaceful cul-de-sac, this home offers privacy and a sense of seclusion. The basement level features a versatile space that could serve as a potential fourth bedroom, home office, and recreational area. Dont miss the opportunity to make this peaceful haven your own. Contact us today to schedule a viewing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,813 (100%)
Owner Occupied HU	1,515 (53.9%)
Renter Occupied HU	278 ( 9.9%)
Vacant Housing Units	1,020 (36.3%)
Median Home Value	$408,333
Average Home Value	$448,274