278 Old Germantown RdWarm SpringsVA24484
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Nearby investment properties with comparable prices
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 Warm Springs at 278 Old Germantown Rd, Warm Springs, VA, 24484 offers a 3.65% rental yield on a $895,000 purchase with $2,722/mo rent. 35% in year one. Equity gained on principal adds $5,775/yr while 5% annual appreciation supports $247,272 over five years. Portfolio math shows five-year ROI at 45.9% and total cumulative return in cash at $135,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,722/mo property income against a $4,381/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1785
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24484, Warm Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 268 (40.7%) |
| Renter Occupied HU | 71 (10.8%) |
| Vacant Housing Units | 319 (48.5%) |
| Median Home Value | $307,229 |
| Average Home Value | $361,446 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
Listed by: Ryan Hodges • CLARKSON & WALLACE REAL ESTATE - WARM SPRINGS
Mls Name: GASAOR
Mls Provider:
Mls ID: #653159
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.