3097 Skyway DrMonetaVA24121
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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 3097 Skyway Dr, Moneta, VA, 24121 listed at $402,000 pairs $1,355/mo rent with a $1,968/mo payment. Total monthly income runs $1,355/mo. Return on cash invested measures 10.47% in year one, and rental yield registers 4.04% at a $402,000 basis. Equity gained on principal adds $2,594/yr, and annual property appreciation at 5% supports $111,065 by year five. Five-year ROI tracks 51.95% and total cumulative return in cash totals $69,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,355/mo property income relative to a $1,968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
0.50 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: Joel Humphreys • NEXTHOME NEW RIVER VALLEY
Mls Name: RVAR
Mls Provider:
Mls ID: #918624
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