203 Linda LnMineralVA23117
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
Investment property for sale in Mineral at 203 Linda Ln, Mineral, VA, 23117 at $359,995 posts ROI 22.84% with $292/mo cash flow from $2,479/mo rent. Total monthly income equals $2,479/mo, and annual cash flow records $3,499/yr on $119,338 to close. Return on cash invested measures 22.84% and rental yield reads 8.26% at the current $359,995. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,460 by year five. Five-year ROI prints 118.44% and total cumulative return in cash totals $141,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,479/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.92 Acres lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 4,077 (65.2%) |
| Renter Occupied HU | 657 (10.5%) |
| Vacant Housing Units | 1,517 (24.3%) |
| Median Home Value | $377,189 |
| Average Home Value | $457,564 |
Housing Distribution
Address Breakdown
Residential
5,571
Single Family
5,570
Multi-Family
1
Businesses
228
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Nearby investment properties with comparable prices
Listed by: Cindy Chenault • Hometown Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2413909
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.