216 Lee DrHuddlestonVA24104
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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 Huddleston at 216 Lee Dr, Huddleston, VA, 24104 offers $3,113/mo rent that, after a $8,076/mo payment. Total monthly income is $3,113/mo. Return on cash invested measures 5.22% in year one, and rental yield stands at 2.26% at a $1,650,000 entry. Equity gained on principal adds $10,647/yr while 5% annual appreciation compounds into $455,865 by year five. Five-year ROI records 23.68% and total cumulative return in cash reaches $126,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,113/mo property income versus a $8,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24104, Huddleston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,441 (50.4%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 1,216 (42.6%) |
| Median Home Value | $518,939 |
| Average Home Value | $582,353 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,875
Multi-Family
0
Businesses
94
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Listed by: Kensie Walker Johnson • JOHN STEWART WALKER, INC.
Mls Name: RVAR
Mls Provider:
Mls ID: #915198
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