23329 Sunlight DrCourtlandVA23837
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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 23329 Sunlight Dr, Courtland, VA, 23837 uses $117,683 cash to close to unlock $1,433/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $1,738/mo payment keeps the spread at $119/mo. Purchase price stands at $355,000, and rental yield measures 7.58% with $2,242/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 109.12% and total cumulative return in cash records $128,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.02 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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