3 Langdon Dr #3DykeVA22935
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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 Dyke at 3 Langdon Dr #3, Dyke, VA, 22935 offers a 10.02% rental yield on a $250,000 purchase with $2,088/mo rent. Total monthly income registers $2,088/mo, and a $1,224/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,818/yr on $82,875 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 146.86% and total cumulative return in cash at $121,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,088/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
8.42 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22935, Dyke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 485 (100%) |
| Owner Occupied HU | 355 (73.2%) |
| Renter Occupied HU | 68 (14.0%) |
| Vacant Housing Units | 62 (12.8%) |
| Median Home Value | $480,147 |
| Average Home Value | $579,620 |
Housing Distribution
Address Breakdown
Residential
362
Single Family
362
Multi-Family
0
Businesses
15
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Listed by: Trey Durham • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #651682
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.