224 Cambridge DrStuarts DraftVA24477
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 Stuarts Draft at 224 Cambridge Dr, Stuarts Draft, VA, 24477 generates $2,756/mo in rent and, after a $2,056/mo payment, leaves $245/mo in cash flow. Total monthly income is $2,756/mo, and annual cash flow is $2,940/yr on $139,230 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 7.87% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 113.88% and total cumulative return in cash sums $158,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,756/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Housing Distribution
Address Breakdown
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Mitchell • EXP REALTY LLC
Mls Name: GASAOR
Mls Provider:
Mls ID: #658225
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.