271 Candlemakers LnRustburgVA24588
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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 Rustburg at 271 Candlemakers Ln, Rustburg, VA, 24588 priced at $273,500 converts $1,920/mo rent into $285/mo cash flow after a $1,339/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $3,417/yr on $90,665 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 8.42% against a $273,500 entry. Equity gained on principal adds $1,765/yr, while 5% annual appreciation compiles into $75,563 by year five. Five-year ROI reaches 122.78% and total cumulative return in cash sums $111,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,339/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
8.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
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