3114 Sheltons RdDrakes BranchVA23937
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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 Drakes Branch at 3114 Sheltons Rd, Drakes Branch, VA, 23937 generates $0/mo in rent, after a $563/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.73% in year one, and rental yield is 0% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23937, Drakes Branch, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 492 (58.4%) |
| Renter Occupied HU | 200 (23.7%) |
| Vacant Housing Units | 151 (17.9%) |
| Median Home Value | $164,189 |
| Average Home Value | $306,336 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
718
Multi-Family
32
Businesses
47
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Listed by: Robert Novak • EXP Realty LLC
Mls Name: CVRMLS
Mls ID: #2521694