240 Oakmont DrGordonsvilleVA22942
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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 Gordonsville at 240 Oakmont Dr, Gordonsville, VA, 22942 generates $3,052/mo in rent and, after a $2,276/mo payment, leaves $272/mo in cash flow. Total monthly income is $3,052/mo, and annual cash flow is $3,267/yr on $154,148 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 7.88% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 113.94% and total cumulative return in cash sums $175,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,052/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22942, Gordonsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,061 (100%) |
| Owner Occupied HU | 3,578 (70.7%) |
| Renter Occupied HU | 961 (19.0%) |
| Vacant Housing Units | 522 (10.3%) |
| Median Home Value | $367,492 |
| Average Home Value | $440,245 |
Housing Distribution
Address Breakdown
Residential
4,015
Single Family
3,978
Multi-Family
37
Businesses
212
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Listed by: JOY MARCUM • THE HOGAN GROUP-CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #670175