212 Old Apple Grove Rd, Mineral, VA, 23117 | $557/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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212 Old Apple Grove Rd, Mineral, VA, 23117 | $557/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mineral at 212 Old Apple Grove Rd, Mineral, VA, 23117 offers $2,858/mo rent that, after a $1,884/mo payment, leaves $557/mo cash flow. Total monthly income is $2,858/mo, and annual cash flow is $6,683/yr on $127,628 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 8.91% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 130.64% and total cumulative return in cash reaches $166,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,858/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

3.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 2022-built ranch-style home nestled on 3.32 private acres in Louisa County. This charming property offers the perfect blend of modern comfort and peaceful country living, just minutes from the conveniences of Mineral and Lake Anna. Step inside this 1,512 sq ft home to discover an inviting open floor plan featuring 3 spacious bedrooms and 2 full baths. The homes interior boasts 9+ foot ceilings, cathedral ceilings, and elegant granite countertops. The primary suite includes a walk-in closet and ensuite bath with both a full tub and separate shower. Enjoy thoughtful touches throughout, including ceiling fans, recessed lighting, and laminate flooring. The heart of the home features a bright breakfast nook and a well-appointed kitchen complete with stainless appliances, electric cooking, dishwasher, microwave, and washer/dryer. Outdoor living is just as impressive! Relax on the front porch or the screened-in back porch overlooking the peaceful, fenced yard. Additional highlights include a large detached storage shed that has electricity, crushed asphalt driveway, a home water softener that was recently installed, and beautiful zoysia sod in the front yard. This property is ideal for anyone looking to escape the city without sacrificing comfort or style. Move-in ready and meticulously cared forthis home truly shines!

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