2517 Cedar Springs RdSugar GroveVA24375
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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 Sugar Grove at 2517 Cedar Springs Rd, Sugar Grove, VA, 24375 at $125,000 posts ROI 30.99% with $383/mo cash flow from $1,130/mo rent. Total monthly income equals $1,130/mo, and annual cash flow records $4,591/yr on $41,438 to close. Return on cash invested measures 30.99% and rental yield reads 10.85% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 162.04% and total cumulative return in cash totals $67,145.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24375, Sugar Grove, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 475 (50.3%) |
| Renter Occupied HU | 144 (15.2%) |
| Vacant Housing Units | 326 (34.5%) |
| Median Home Value | $128,472 |
| Average Home Value | $176,358 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
27
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Listed by: Amy Thomas • eXp Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #99054
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.