31232 Hollyfield RdDamascusVA24236
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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 Damascus at 31232 Hollyfield Rd, Damascus, VA, 24236 generates $0/mo in rent, after a $3,108/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.74% in year one, and rental yield is 0% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 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 1940
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24236, Damascus, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,590 (100%) |
| Owner Occupied HU | 912 (57.4%) |
| Renter Occupied HU | 383 (24.1%) |
| Vacant Housing Units | 295 (18.6%) |
| Median Home Value | $242,958 |
| Average Home Value | $274,224 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,085
Multi-Family
145
Businesses
91
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jim Griffin • LPT Realty LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #100331
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