281 Waterlocked RdPenhookVA24137
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
Investment property for sale in Penhook at 281 Waterlocked Rd, Penhook, VA, 24137 at $418,900 posts ROI 8.21% with from $1,150/mo rent. Total monthly income equals $1,150/mo. Return on cash invested measures 8.21% and rental yield reads 3.29% at the current $418,900. Equity gained on principal adds $2,703/yr, and 5% annual appreciation supports $115,734 by year five. Five-year ROI prints 39.85% and total cumulative return in cash totals $55,342. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24137, Penhook, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 978 (45.6%) |
| Renter Occupied HU | 153 ( 7.1%) |
| Vacant Housing Units | 1,013 (47.2%) |
| Median Home Value | $324,242 |
| Average Home Value | $469,836 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,482
Multi-Family
0
Businesses
46
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Nearby investment properties with comparable prices
Listed by: Patton Kelly • PROPERTY NAVIGATORS LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #915188
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