207 Riverview DrLurayVA22835
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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 Luray at 207 Riverview Dr, Luray, VA, 22835 priced at $397,700 converts $2,650/mo rent into $272/mo cash flow after a $1,947/mo obligation. Total monthly income equals $2,650/mo, and annual cash flow totals $3,266/yr on $131,838 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 8% against a $397,700 entry. Equity gained on principal adds $2,566/yr, while 5% annual appreciation compiles into $109,877 by year five. Five-year ROI reaches 115.88% and total cumulative return in cash sums $152,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,650/mo property income covering a $1,947/mo payment, not borrower’s personal income.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22835, Luray, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,019 (100%) |
| Owner Occupied HU | 3,628 (60.3%) |
| Renter Occupied HU | 1,352 (22.5%) |
| Vacant Housing Units | 1,039 (17.3%) |
| Median Home Value | $279,664 |
| Average Home Value | $327,532 |
Housing Distribution
Address Breakdown
Residential
5,635
Single Family
5,484
Multi-Family
151
Businesses
484
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