280 Centerville RdShacklefordsVA23156
Nearby investment properties with comparable rents
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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 Shacklefords at 280 Centerville Rd, Shacklefords, VA, 23156 priced at $315,000 converts $2,309/mo rent into $426/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,309/mo, and annual cash flow totals $5,109/yr on $104,423 invested. Return on cash invested prints 24.8% in year one, and rental yield reads 8.8% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 128.8% and total cumulative return in cash sums $134,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,309/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1951
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23156, Shacklefords, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 575 (67.6%) |
| Renter Occupied HU | 122 (14.4%) |
| Vacant Housing Units | 153 (18.0%) |
| Median Home Value | $254,268 |
| Average Home Value | $277,261 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
51
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Listed by: Heather Bashlor • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10607738