3 Piney Grove School RdMonetaVA24121
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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 Moneta at 3 Piney Grove School Rd, Moneta, VA, 24121 earns $801/mo cash flow from $2,414/mo rent with a $1,321/mo payment. Total monthly income totals $2,414/mo, and annual cash flow totals $9,607/yr on $89,472 capital. ROI tracks 30.65% on current figures, and rental yield reads 10.73% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 160.15% and total cumulative return in cash sums $143,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,414/mo property income instead of your personal income.
Manufactured
Built in N/A
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
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Listed by: Matthew Hayden Wood • Re/Max 1st Olympic
Mls Name: LMLS
Mls Provider:
Mls ID: #353030
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.