261 Shore DrMonetaVA24121
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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 Moneta at 261 Shore Dr, Moneta, VA, 24121 generates $2,333/mo in rent, after a $2,787/mo payment. Total monthly income is $2,333/mo. Return on cash invested sits at 13.2% in year one, and rental yield is 4.92% on a $569,500 entry. Equity gained on principal adds $3,675/yr, while 5% annual appreciation builds toward $157,342 over five years. Five-year ROI reaches 66.58% and total cumulative return in cash sums $124,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,333/mo property income rather than buyer’s personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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