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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mineral at 2942 Owens Creek Rd, Mineral, VA, 23117 earns $606/mo cash flow from $3,386/mo rent with a $2,276/mo payment. Total monthly income totals $3,386/mo, and annual cash flow totals $7,275/yr on $154,148 capital. ROI tracks 24.63% on current figures, and rental yield reads 8.74% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 127.9% and total cumulative return in cash sums $197,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,386/mo property income instead of your personal income.
Single Family
Built in 2022
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 4,077 (65.2%) |
| Renter Occupied HU | 657 (10.5%) |
| Vacant Housing Units | 1,517 (24.3%) |
| Median Home Value | $377,189 |
| Average Home Value | $457,564 |
Residential
5,571
Single Family
5,570
Multi-Family
1
Businesses
228
Date | Event | Price |
|---|---|---|
| 2025-08-23 | Sold | $465,000 |
| 2025-07-22 | Pending sale | $465,000 |
| 2025-07-06 | Price change | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2879.28 | 6.47% | $399,900 | 6.47% |
| 2023-11-02 | $2704.32 | 76.01% | $375,600 | 443.56% |
| 2022-11-02 | $1536.48 | 440.25% | $69,100 | 74.94% |
What's Special
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Listed by: Cornell Callaham • Plentura Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2516801
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
