320 Periwinkle Rd, Moneta, VA, 24121 | $1,211/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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320 Periwinkle Rd, Moneta, VA, 24121 | $1,211/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Moneta at 320 Periwinkle Rd, Moneta, VA, 24121 offers $4,200/mo rent that, after a $2,447/mo payment, leaves $1,211/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $14,537/yr on $165,717 cash. Return on cash invested measures 28.68% in year one, and rental yield stands at 10.08% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 149.62% and total cumulative return in cash reaches $247,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

3.12 Acres lot

$N/A/sqft

No HOA

More details about the property

Brand New Contemporary Ranch w/ approx 3.12 Acres & approx 1800 sq. ft w/one level living! This home offers a Great Room w/cathedral ceiling & stone electric fireplace open to the kitchen with granite countertops & large island! Primary bedroom w/tray ceiling with his & her closets. Primary bath w/large walk-in shower, double vanities & freestanding tub. 2 guest bedrooms & guest bath. LVP flooring throughout the house. Laundry Room just off the 2 Car Garage. Covered Back Porch w/trex decking. Seller will give buyer an allowance for the kitchen appliances. The house will be finished in 30 days. The crawl space is a conditioned space which can be used for storage. Concrete driveway. This has the best convenient location at Smith Mtn Lake between Bridgewater Plaza & the Westlake area A conditioned crawl space creates a clean, dry, and energy-efficient space, improving indoor air quality and protecting the home from moisture-related damage. Maintenance-free siding and stone on the exterior.

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