2339 3rd StMiddletownVA22645
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 Middletown at 2339 3rd St, Middletown, VA, 22645 generates $1,794/mo in rent and, after a $1,076/mo payment, leaves $480/mo in cash flow. Total monthly income is $1,794/mo, and annual cash flow is $5,757/yr on $72,897 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 9.79% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 144.93% and total cumulative return in cash sums $105,652. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,312 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22645, Middletown, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,604 (75.9%) |
| Renter Occupied HU | 375 (17.7%) |
| Vacant Housing Units | 134 ( 6.3%) |
| Median Home Value | $450,113 |
| Average Home Value | $543,586 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,835
Multi-Family
54
Businesses
103
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Listed by: Derek Greene • The Greene Realty Group
Mls Name: Bright MLS
Mls ID: #VAFV2038900