264 Riverbay 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
Investment property for sale in Moneta at 264 Riverbay Dr, Moneta, VA, 24121 at $1,795,000 posts ROI 5.49% with from $3,562/mo rent. Total monthly income equals $3,562/mo. Return on cash invested measures 5.49% and rental yield reads 2.38% at the current $1,795,000. Equity gained on principal adds $11,583/yr, and 5% annual appreciation supports $495,925 by year five. Five-year ROI prints 25.18% and total cumulative return in cash totals $146,449. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,562/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.79 Acres lot
$N/A/sqft
$500 annually 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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Listed by: Tim J Toohig • RE/MAX ALL POINTS
Mls Name: RVAR
Mls Provider:
Mls ID: #915363
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