321 Morris LnShacklefordsVA23156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shacklefords at 321 Morris Ln, Shacklefords, VA, 23156 with 5% annual appreciation on a $224,950 basis while $1,928/mo rent supports operations. Total monthly income totals $1,928/mo and a $1,101/mo payment preserves $583/mo for cash returns. Annual cash flow comes to $7,000/yr on $74,571 deployed, and return on cash invested reaches 29.3% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,150 alongside rental yield of 10.28%. Five-year ROI measures 152.93% and total cumulative return in cash totals $114,041.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,928/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23156, Shacklefords, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 575 (67.6%) |
| Renter Occupied HU | 122 (14.4%) |
| Vacant Housing Units | 153 (18.0%) |
| Median Home Value | $254,268 |
| Average Home Value | $277,261 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Carpenter • NextHome Advantage
Mls Name: CVRMLS
Mls ID: #2530456