3097 Oakland RdFarnhamVA22460
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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 Farnham at 3097 Oakland Rd, Farnham, VA, 22460 offers a 9.11% rental yield on a $125,000 purchase with $949/mo rent. Total monthly income registers $949/mo, and a $612/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,419/yr on $41,438 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 133.92% and total cumulative return in cash at $55,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $949/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22460, Farnham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 585 (53.7%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 316 (29.0%) |
| Median Home Value | $266,593 |
| Average Home Value | $311,872 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
16
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