3063 Three Chopt RdGum SpringVA23065
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Nearby investment properties with comparable prices
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 Gum Spring at 3063 Three Chopt Rd, Gum Spring, VA, 23065 offers a 7.79% rental yield on a $389,500 purchase with $2,530/mo rent. Total monthly income registers $2,530/mo, and a $1,906/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,424/yr on $129,119 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $2,513/yr while 5% annual appreciation supports $107,612 over five years. Portfolio math shows five-year ROI at 112.66% and total cumulative return in cash at $145,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,530/mo property income against a $1,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23065, Gum Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 572 (81.6%) |
| Renter Occupied HU | 70 ( 10.0%) |
| Vacant Housing Units | 59 ( 8.4%) |
| Median Home Value | $337,037 |
| Average Home Value | $400,992 |
Housing Distribution
Address Breakdown
Residential
691
Single Family
691
Multi-Family
0
Businesses
37
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Listed by: Sholama Castro • Real Broker LLC
Mls Name: CVRMLS
Mls ID: #2602175