31359 Grants LnCarrsvilleVA23315
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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 Carrsville at 31359 Grants Ln, Carrsville, VA, 23315 uses $37,294 cash to close to unlock $14,233/yr annual cash flow and $1,186/mo monthly cash flow. Total monthly income runs $1,859/mo, and a $551/mo payment keeps the spread at $1,186/mo. Purchase price stands at $112,500, and rental yield measures 19.83% with $1,859/mo rent. Return on cash invested shows 58.07% in year one, and 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 307.33% and total cumulative return in cash records $114,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,859/mo property income covering a $551/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23315, Carrsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 665 (100%) |
| Owner Occupied HU | 488 (73.4%) |
| Renter Occupied HU | 108 (16.2%) |
| Vacant Housing Units | 69 (10.4%) |
| Median Home Value | $297,059 |
| Average Home Value | $310,717 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
618
Multi-Family
0
Businesses
20
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Listed by: N/A • N/A
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