2420 Springer Run RdGordonsvilleVA22942
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
Investment property for sale in Gordonsville at 2420 Springer Run Rd, Gordonsville, VA, 22942 with 5% annual appreciation on a $815,000 basis while $4,006/mo rent supports operations. 19% in year one. Equity gained on principal adds $5,259/yr, and five-year appreciation sums $225,169 alongside rental yield of 5.9%. Five-year ROI measures 82.57% and total cumulative return in cash totals $221,401. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,006/mo property income versus a $3,989/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
3 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Bailey • MONTAGUE, MILLER & CO. - WESTFIELD
Mls Name: CAAR
Mls Provider:
Mls ID: #662725
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.