2174 Castleton RdMax MeadowsVA24360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Max Meadows at 2174 Castleton Rd, Max Meadows, VA, 24360 uses $54,532 cash to close to unlock $6,201/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $805/mo payment keeps the spread at $517/mo. Purchase price stands at $164,500, and rental yield measures 10.94% with $1,500/mo rent. Return on cash invested shows 31.28% in year one, and 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 163.54% and total cumulative return in cash records $89,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $805/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24360, Max Meadows, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,912 (69.7%) |
| Renter Occupied HU | 458 (16.7%) |
| Vacant Housing Units | 375 (13.7%) |
| Median Home Value | $208,901 |
| Average Home Value | $235,506 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitch Anders • United Country Anders Realty & Auction
Mls Name: SWVAR
Mls ID: #100422