2700 Draper Ridge 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
Investment property for sale in Draper at 2700 Draper Ridge Rd, Draper, VA, 24324 listed at $549,000 pairs $3,314/mo rent with a $2,687/mo payment to leave $28/mo cash flow. Total monthly income runs $3,314/mo, and annual cash flow reaches $337/yr on $180,621 cash to close. Return on cash invested measures 20.25% in year one, and rental yield registers 7.24% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 104.37% and total cumulative return in cash totals $188,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,314/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
$50 annually 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: Jennifer Breedlove • Mabry & Cox REALTORS
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424900
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