289 Sable RdEvingtonVA24550
Nearby investment properties with comparable rents
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 Evington at 289 Sable Rd, Evington, VA, 24550 uses $96,102 cash to close to unlock $3,983/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $2,180/mo, and a $1,419/mo payment keeps the spread at $332/mo. Purchase price stands at $289,900, and rental yield measures 9.02% with $2,180/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 125.3% and total cumulative return in cash records $120,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,180/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
1,611 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24550, Evington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,543 (75.5%) |
| Renter Occupied HU | 556 (16.5%) |
| Vacant Housing Units | 267 ( 7.9%) |
| Median Home Value | $310,759 |
| Average Home Value | $328,621 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,193
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Daffner • Realty ONE Group Leading Edge
Mls Name: LMLS
Mls Provider:
Mls ID: #353621
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.