308 Laurel DrCross JunctionVA22625
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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 Cross Junction at 308 Laurel Dr, Cross Junction, VA, 22625 generates $3,059/mo in rent and, after a $1,835/mo payment, leaves $818/mo in cash flow. Total monthly income is $3,059/mo, and annual cash flow is $9,813/yr on $124,313 invested. Return on cash invested sits at 27.8% in year one, and rental yield is 9.79% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 144.9% and total cumulative return in cash sums $180,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,059/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22625, Cross Junction, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,365 (79.9%) |
| Renter Occupied HU | 157 ( 9.2%) |
| Vacant Housing Units | 187 (10.9%) |
| Median Home Value | $433,667 |
| Average Home Value | $466,372 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,607
Multi-Family
0
Businesses
30
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Listed by: Mitzi Rodriguez • MarketPlace REALTY
Mls Name: Bright MLS
Mls ID: #VAFV2037444