22284 Medicine Springs RdCourtlandVA23837
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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 Courtland at 22284 Medicine Springs Rd, Courtland, VA, 23837 earns $225/mo cash flow from $882/mo rent with a $538/mo payment. Total monthly income totals $882/mo, and annual cash flow totals $2,699/yr on $36,432 capital. ROI tracks 27.32% on current figures, and rental yield reads 9.63% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 142.3% and total cumulative return in cash sums $51,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $882/mo property income instead of your personal income.
Single Family
Built in 1973
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23837, Courtland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,830 (100%) |
| Owner Occupied HU | 1,267 (69.2%) |
| Renter Occupied HU | 405 (22.1%) |
| Vacant Housing Units | 158 ( 8.6%) |
| Median Home Value | $245,805 |
| Average Home Value | $284,268 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,742
Multi-Family
0
Businesses
192
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Listed by: Kimberly Plourde • EXIT Realty Central
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10587832
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