200 Blick LnHowardsvilleVA24562
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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 Howardsville at 200 Blick Ln, Howardsville, VA, 24562 priced at $315,000 converts $2,242/mo rent into $359/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,242/mo, and annual cash flow totals $4,305/yr on $104,423 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 8.54% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 124.68% and total cumulative return in cash sums $130,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,242/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24562, Howardsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 206 (100%) |
| Owner Occupied HU | 136 (66.0%) |
| Renter Occupied HU | 35 (17.0%) |
| Vacant Housing Units | 35 (17.0%) |
| Median Home Value | $162,500 |
| Average Home Value | $228,070 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
5
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Listed by: Steven Reese • HERITAGE REAL ESTATE CO.
Mls Name: CAAR
Mls Provider:
Mls ID: #661742
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.