322 Mount Hope RdFriesVA24330
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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 Fries at 322 Mount Hope Rd, Fries, VA, 24330 priced at $181,000 converts $1,370/mo rent into $288/mo cash flow after a $886/mo obligation. Total monthly income equals $1,370/mo, and annual cash flow totals $3,455/yr on $60,002 invested. Return on cash invested prints 25.67% in year one, and rental yield reads 9.08% against a $181,000 entry. Equity gained on principal adds $1,168/yr, while 5% annual appreciation compiles into $50,007 by year five. Five-year ROI reaches 133.45% and total cumulative return in cash sums $80,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,370/mo property income covering a $886/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
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Listed by: Thomas Delp • Kyle Realty, Inc.
Mls Name: SWVAR
Mls Provider:
Mls ID: #100601
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.