2303 Moss Meadows DrPittsvilleVA24139
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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
Rental property for sale in Pittsville at 2303 Moss Meadows Dr, Pittsville, VA, 24139 generates $2,714/mo in rent, after a $3,377/mo payment. Total monthly income is $2,714/mo. Return on cash invested sits at 12.6% in year one, and rental yield is 4.72% on a $689,900 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 63.35% and total cumulative return in cash sums $143,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,714/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24139, Pittsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 399 (100%) |
| Owner Occupied HU | 260 (65.2%) |
| Renter Occupied HU | 47 (11.8%) |
| Vacant Housing Units | 92 (23.1%) |
| Median Home Value | $162,857 |
| Average Home Value | $250,125 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
4
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Listed by: RAMONA SIMPSON • WAINWRIGHT & CO., REALTORS(r)- LAKE
Mls Name: RVAR
Mls ID: #921063