242 Cedar Ridge DrRuther GlenVA22546
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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 Ruther Glen at 242 Cedar Ridge Dr, Ruther Glen, VA, 22546 with 5% annual appreciation on a $330,000 basis while $2,939/mo rent supports operations. Total monthly income totals $2,939/mo and a $1,615/mo payment preserves $967/mo for cash returns. Annual cash flow comes to $11,598/yr on $109,395 deployed, and return on cash invested reaches 30.51% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 10.69%. Five-year ROI measures 159.44% and total cumulative return in cash totals $174,419.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,939/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22546, Ruther Glen, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 6,067 (78.9%) |
| Renter Occupied HU | 1,020 (13.3%) |
| Vacant Housing Units | 598 ( 7.8%) |
| Median Home Value | $314,950 |
| Average Home Value | $339,388 |
Housing Distribution
Address Breakdown
Residential
7,237
Single Family
7,237
Multi-Family
0
Businesses
252
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Listed by: Beth & Travis Pannell • 1st Choice Better Homes & Land, LC
Mls Name: Bright MLS
Mls ID: #VACV2009242