2379 Wares ChurchChurch ViewVA23032
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 Church View at 2379 Wares Church, Church View, VA, 23032 priced at $357,000 pairs $2,484/mo rent with $350/mo cash flow after a $1,747/mo payment. Total monthly income equals $2,484/mo, and annual cash flow comes to $4,203/yr on $118,346 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 8.35% on a $357,000 basis. Equity gained on principal adds $2,304/yr, and 5% annual appreciation accumulates to $98,633 by year five. Five-year ROI measures 121.63% and total cumulative return in cash reaches $143,944. For financing, Ziffy Mortgage’s DSCR program evaluates $2,484/mo property income against a $1,747/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
10.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23032, Church View, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 116 (71.2%) |
| Renter Occupied HU | 21 (12.9%) |
| Vacant Housing Units | 26 (16.0%) |
| Median Home Value | $322,222 |
| Average Home Value | $403,362 |
Housing Distribution
Address Breakdown
Residential
74
Single Family
74
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Nina Watkins • Isabell K. Horsley Real Estate
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2425468
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.