2816 Johns Creek RdNew CastleVA24127
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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
Total monthly income runs $1,884/mo, and a $3,426/mo payment. Purchase price stands at $699,900, and rental yield measures 3.23% with $1,884/mo rent. Return on cash invested shows 8.07% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 39.06% and total cumulative return in cash records $89,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1964
86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24127, New Castle, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,143 (100%) |
| Owner Occupied HU | 1,438 (67.1%) |
| Renter Occupied HU | 291 (13.6%) |
| Vacant Housing Units | 414 (19.3%) |
| Median Home Value | $262,635 |
| Average Home Value | $283,960 |
Housing Distribution
Address Breakdown
Residential
1,871
Single Family
1,871
Multi-Family
0
Businesses
96
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Listed by: JAMES LEE FISHER • YOUNG REALTY COMPANY
Mls Name: RVAR
Mls ID: #920917