232 Gravel Hill RdFork UnionVA23055
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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 Fork Union at 232 Gravel Hill Rd, Fork Union, VA, 23055 priced at $354,700 pairs $2,542/mo rent with $422/mo cash flow after a $1,736/mo payment. Total monthly income equals $2,542/mo, and annual cash flow comes to $5,061/yr on $117,583 invested. Return on cash invested is 24.21% in year one, and rental yield stands at 8.6% on a $354,700 basis. Equity gained on principal adds $2,289/yr, and 5% annual appreciation accumulates to $97,997 by year five. Five-year ROI measures 125.64% and total cumulative return in cash reaches $147,733. For financing, Ziffy Mortgage’s DSCR program evaluates $2,542/mo property income against a $1,736/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23055, Fork Union, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 65 (16.9%) |
| Vacant Housing Units | 50 (13.0%) |
| Median Home Value | $278,797 |
| Average Home Value | $304,164 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
58
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Listed by: Tracey Mcfarlane • RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #656177
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.