2983 Stoney Creek RdEdinburgVA22824
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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
Rental property for sale in Edinburg at 2983 Stoney Creek Rd, Edinburg, VA, 22824 generates $1,630/mo in rent and, after a $974/mo payment, leaves $440/mo in cash flow. Total monthly income is $1,630/mo, and annual cash flow is $5,285/yr on $65,969 invested. Return on cash invested sits at 27.92% in year one, and rental yield is 9.83% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 145.55% and total cumulative return in cash sums $96,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22824, Edinburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,046 (100%) |
| Owner Occupied HU | 2,086 (68.5%) |
| Renter Occupied HU | 589 (19.3%) |
| Vacant Housing Units | 371 (12.2%) |
| Median Home Value | $307,692 |
| Average Home Value | $360,337 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,618
Multi-Family
91
Businesses
160
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