193 Light DrDrydenVA24243
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 Dryden at 193 Light Dr, Dryden, VA, 24243 offers $2,413/mo rent that, after a $1,223/mo payment, leaves $919/mo cash flow. Total monthly income is $2,413/mo, and annual cash flow is $11,031/yr on $82,842 cash. Return on cash invested measures 33.23% in year one, and rental yield stands at 11.59% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 174% and total cumulative return in cash reaches $144,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,413/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24243, Dryden, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 569 (64.5%) |
| Renter Occupied HU | 189 (21.4%) |
| Vacant Housing Units | 124 (14.1%) |
| Median Home Value | $117,909 |
| Average Home Value | $157,526 |
Housing Distribution
Address Breakdown
Residential
765
Single Family
765
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices