30 Hickory Cir, Mineral, VA, 23117 | $340/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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30 Hickory Cir, Mineral, VA, 23117 | $340/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mineral at 30 Hickory Cir, Mineral, VA, 23117 priced at $475,000 converts $3,180/mo rent into $340/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,180/mo, and annual cash flow totals $4,085/yr on $157,463 invested. Return on cash invested prints 22.5% in year one, and rental yield reads 8.03% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 116.48% and total cumulative return in cash sums $183,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $2,325/mo payment, not borrower’s personal income.

Single Family

Built in 2025

0.94 Acres lot

$N/A/sqft

No HOA

More details about the property

Completed New construction - The Boxwood from Ironwood Homes on 0.94 acres. Simple, yet elegant, this modern reinterpretation of country chic is the perfect home in which a young family can grow. The Boxwoods open floor plan creates a bright and airy atmosphere. Each home is expertly fashioned with a luxury primary bathroom, farmhouse sink, exposed natural beams, and much more to give it a uniquely custom feel. Gorgeous 5 bedroom 3 full bath ranch home! quartz countertops and stainless steel appliances in the kitchen. There are tons of upgrades throughout the home- free-standing tub, LVP floors, custom-look light fixtures, and gorgeous tiles! A completely finished basement provides another bedroom, a full bath, and a large recreation area! You don't want to miss this opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 23117, Mineral, VA area.

Housing Distribution

Housing Statistics

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