28631 N James Madison HwyNew CantonVA23123
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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 New Canton at 28631 N James Madison Hwy, New Canton, VA, 23123 earns $16/mo cash flow from $1,678/mo rent with a $1,361/mo payment. Total monthly income totals $1,678/mo, and annual cash flow totals $190/yr on $92,157 capital. ROI tracks 20.12% on current figures, and rental yield reads 7.24% at a $278,000 purchase. Equity gained on principal adds $1,794/yr, and 5% annual appreciation supports $76,806 over five years. Five-year ROI reaches 103.68% and total cumulative return in cash sums $95,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,678/mo property income instead of your personal income.
Single Family
Built in 1964
3.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23123, New Canton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 505 (63.8%) |
| Renter Occupied HU | 161 (20.3%) |
| Vacant Housing Units | 126 (15.9%) |
| Median Home Value | $189,674 |
| Average Home Value | $351,995 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
28
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Listed by: Rose Hess • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10604515