29 Scarberry HolwCastlewoodVA24224
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 Castlewood at 29 Scarberry Holw, Castlewood, VA, 24224 with 5% annual appreciation on a $154,000 basis while $1,960/mo rent supports operations. Total monthly income totals $1,960/mo and a $754/mo payment preserves $1,039/mo for cash returns. Annual cash flow comes to $12,470/yr on $51,051 deployed, and return on cash invested reaches 44.34% in year one. Equity gained on principal adds $994/yr, and five-year appreciation sums $42,547 alongside rental yield of 15.27%. Five-year ROI measures 233.65% and total cumulative return in cash totals $119,282.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,960/mo property income versus a $754/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24224, Castlewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,986 (100%) |
| Owner Occupied HU | 2,046 (68.5%) |
| Renter Occupied HU | 466 (15.6%) |
| Vacant Housing Units | 474 (15.9%) |
| Median Home Value | $122,854 |
| Average Home Value | $166,968 |
Housing Distribution
Address Breakdown
Residential
1,977
Single Family
1,977
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie S. Comer • Cedar Realty Group
Mls Name: SWVAR
Mls Provider:
Mls ID: #100480
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.