2649 Manning DrValentinesVA23887
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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 Valentines at 2649 Manning Dr, Valentines, VA, 23887 generates $1,739/mo in rent and, after a $929/mo payment, leaves $604/mo in cash flow. Total monthly income is $1,739/mo, and annual cash flow is $7,251/yr on $62,952 invested. Return on cash invested sits at 31.43% in year one, and rental yield is 10.99% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 164.4% and total cumulative return in cash sums $103,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,739/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23887, Valentines, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 161 (40.5%) |
| Renter Occupied HU | 15 ( 3.8%) |
| Vacant Housing Units | 222 (55.8%) |
| Median Home Value | $254,167 |
| Average Home Value | $345,140 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
12
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Listed by: Jim Bass • Weichert Realtors-KBL Company
Mls Name: REIN Inc.
Mls ID: #10606701