2088 Flint Hill RdMonetaVA24121
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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 Moneta at 2088 Flint Hill Rd, Moneta, VA, 24121 priced at $319,950 converts $2,635/mo rent into $722/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,635/mo, and annual cash flow totals $8,669/yr on $106,063 invested. Return on cash invested prints 28.08% in year one, and rental yield reads 9.88% against a $319,950 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,396 by year five. Five-year ROI reaches 146.41% and total cumulative return in cash sums $155,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,635/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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Listed by: KENDRA REED PORTER • VIRGINIA REALTY GROUP
Mls Name: RVAR
Mls Provider:
Mls ID: #920242
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