2500 Kirby RdDraperVA24324
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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 Draper at 2500 Kirby Rd, Draper, VA, 24324 priced at $399,000 pairs $2,612/mo rent with $227/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,612/mo, and annual cash flow comes to $2,721/yr on $132,269 invested. Return on cash invested is 21.97% in year one, and rental yield stands at 7.86% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 113.59% and total cumulative return in cash reaches $150,242. For financing, Ziffy Mortgage’s DSCR program evaluates $2,612/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
6.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24324, Draper, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 692 (67.8%) |
| Renter Occupied HU | 142 (13.9%) |
| Vacant Housing Units | 186 (18.2%) |
| Median Home Value | $229,861 |
| Average Home Value | $330,647 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
32
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Listed by: Audrey Cullip • Keller Williams New River Valley
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #420875
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