2301 Monarch RdSaint CharlesVA24282
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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 Saint Charles at 2301 Monarch Rd, Saint Charles, VA, 24282 offers a 9.33% rental yield on a $115,000 purchase with $894/mo rent. Total monthly income registers $894/mo, and a $563/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,477/yr on $38,123 to close, and return on cash invested stands at 26.41% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 137.49% and total cumulative return in cash at $52,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $894/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24282, Saint Charles, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 233 (100%) |
| Owner Occupied HU | 139 (59.7%) |
| Renter Occupied HU | 43 (18.5%) |
| Vacant Housing Units | 51 (21.9%) |
| Median Home Value | $80,577 |
| Average Home Value | $77,410 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
8
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Listed by: Teresa Fannon • Fannon Land & Auction
Mls Name: TVRMLS
Mls ID: #9987666