275 Fairview RdLurayVA22835
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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 Luray at 275 Fairview Rd, Luray, VA, 22835 offers $1,990/mo rent that, after a $979/mo payment, leaves $794/mo cash flow. Total monthly income is $1,990/mo, and annual cash flow is $9,532/yr on $66,300 cash. Return on cash invested measures 34.29% in year one, and rental yield stands at 11.94% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 179.72% and total cumulative return in cash reaches $119,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,990/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22835, Luray, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,019 (100%) |
| Owner Occupied HU | 3,628 (60.3%) |
| Renter Occupied HU | 1,352 (22.5%) |
| Vacant Housing Units | 1,039 (17.3%) |
| Median Home Value | $279,664 |
| Average Home Value | $327,532 |
Housing Distribution
Address Breakdown
Residential
5,635
Single Family
5,484
Multi-Family
151
Businesses
484
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