209 Chestnut Dr SWMeadows Of DanVA24120
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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 Meadows Of Dan at 209 Chestnut Dr SW, Meadows Of Dan, VA, 24120 priced at $372,000 converts $1,380/mo rent into after a $1,821/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 10.87% in year one, and rental yield reads 4.45% against a $372,000 entry. Equity gained on principal adds $2,400/yr, while 5% annual appreciation compiles into $102,777 by year five. Five-year ROI reaches 54.37% and total cumulative return in cash sums $67,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,821/mo payment, not borrower’s personal income.
Single Family
Built in 1976
2.13 Acres lot
$N/A/sqft
$1,023 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24120, Meadows Of Dan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 685 (50.0%) |
| Renter Occupied HU | 162 (11.8%) |
| Vacant Housing Units | 523 (38.2%) |
| Median Home Value | $190,417 |
| Average Home Value | $248,004 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
944
Multi-Family
0
Businesses
69
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Listed by: Tim Telling • Country Road Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #99317
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.