218 Coxs LnShacklefordsVA23156
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
Rental property for sale in Shacklefords at 218 Coxs Ln, Shacklefords, VA, 23156 offers $1,950/mo rent that, after a $979/mo payment, leaves $754/mo cash flow. Total monthly income is $1,950/mo, and annual cash flow is $9,052/yr on $66,300 cash. Return on cash invested measures 33.56% in year one, and rental yield stands at 11.7% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 175.83% and total cumulative return in cash reaches $116,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,950/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23156, Shacklefords, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 575 (67.6%) |
| Renter Occupied HU | 122 (14.4%) |
| Vacant Housing Units | 153 (18.0%) |
| Median Home Value | $254,268 |
| Average Home Value | $277,261 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
51
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Listed by: Jada Pointer • CR8TIVE Realty LLC
Mls Name: CVRMLS
Mls ID: #2600484