31 Gables East Way APT 203FishersvilleVA22939
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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 Fishersville at 31 Gables East Way APT 203, Fishersville, VA, 22939 generates $2,237/mo in rent and, after a $1,370/mo payment, leaves $564/mo in cash flow. Total monthly income is $2,237/mo, and annual cash flow is $6,765/yr on $92,787 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 9.59% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 141.66% and total cumulative return in cash sums $131,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,237/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22939, Fishersville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 2,006 (68.9%) |
| Renter Occupied HU | 732 (25.1%) |
| Vacant Housing Units | 174 ( 6.0%) |
| Median Home Value | $347,668 |
| Average Home Value | $479,605 |
Housing Distribution
Address Breakdown
Residential
2,762
Single Family
2,694
Multi-Family
68
Businesses
370
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Listed by: NICOLE C FAUVER • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: CAAR
Mls ID: #667750