2931 N Garden LnNorth GardenVA22959
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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 North Garden at 2931 N Garden Ln, North Garden, VA, 22959 earns from $3,781/mo rent with a $4,209/mo payment. Total monthly income totals $3,781/mo. ROI tracks 14.29% on current figures, and rental yield reads 5.28% at a $860,000 purchase. Equity gained on principal adds $5,549/yr, and 5% annual appreciation supports $237,602 over five years. Five-year ROI reaches 72.42% and total cumulative return in cash sums $204,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,781/mo property income instead of your personal income.
Single Family
Built in 1883
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22959, North Garden, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 878 (100%) |
| Owner Occupied HU | 597 (68.0%) |
| Renter Occupied HU | 168 (19.1%) |
| Vacant Housing Units | 113 (12.9%) |
| Median Home Value | $737,939 |
| Average Home Value | $832,111 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
750
Multi-Family
0
Businesses
50
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Listed by: CARTER MONTAGUE • MONTAGUE, MILLER & CO. - WESTFIELD
Mls Name: CAAR
Mls Provider:
Mls ID: #664656