310 Hales Point 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
Rental property for sale in Moneta at 310 Hales Point Dr, Moneta, VA, 24121 offers $4,450/mo rent that, after a $4,845/mo payment. Total monthly income is $4,450/mo. Return on cash invested measures 14.65% in year one, and rental yield stands at 5.39% at a $989,900 entry. Equity gained on principal adds $6,388/yr while 5% annual appreciation compounds into $273,491 by year five. Five-year ROI records 74.34% and total cumulative return in cash reaches $242,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,450/mo property income versus a $4,845/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.61 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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