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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% |
Rental property for sale in Raphine at 296 Otts Mill Rd, Raphine, VA, 24472 priced at $1,250,000 converts $4,328/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,328/mo. Return on cash invested prints 11.05% in year one, and rental yield reads 4.15% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 54.97% and total cumulative return in cash sums $222,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,328/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2009
8.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24472, Raphine, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 812 (65.7%) |
| Renter Occupied HU | 218 (17.7%) |
| Vacant Housing Units | 205 (16.6%) |
| Median Home Value | $335,714 |
| Average Home Value | $365,810 |
Residential
984
Single Family
984
Multi-Family
0
Businesses
45
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: THE A TEAM . • NEST REALTY GROUP STAUNTON
Mls Name: CAAR
Mls ID: #667178
