2221 Lick Ridge Rd NECheckVA24072
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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
Investment property for sale in Check at 2221 Lick Ridge Rd NE, Check, VA, 24072 earns $285/mo cash flow from $1,181/mo rent with a $734/mo payment. Total monthly income totals $1,181/mo, and annual cash flow totals $3,414/yr on $49,725 capital. ROI tracks 26.77% on current figures, and rental yield reads 9.45% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 139.4% and total cumulative return in cash sums $69,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,181/mo property income instead of your personal income.
Manufactured
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24072, Check, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 599 (100%) |
| Owner Occupied HU | 435 (72.6%) |
| Renter Occupied HU | 87 (14.5%) |
| Vacant Housing Units | 77 (12.9%) |
| Median Home Value | $288,672 |
| Average Home Value | $326,690 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
604
Multi-Family
0
Businesses
11
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