3228 North RidgeWintergreen ResortVA22967
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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 Wintergreen Resort at 3228 North Ridge, Wintergreen Resort, VA, 22967 uses $59,670 cash to close to unlock $8,964/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $2,353/mo, and a $881/mo payment keeps the spread at $747/mo. Purchase price stands at $180,000, and rental yield measures 15.69% with $2,353/mo rent. Return on cash invested shows 34.93% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 186.98% and total cumulative return in cash records $111,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,590 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22967, Roseland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,375 (100%) |
| Owner Occupied HU | 853 (25.3%) |
| Renter Occupied HU | 199 ( 5.9%) |
| Vacant Housing Units | 2,323 (68.8%) |
| Median Home Value | $425,000 |
| Average Home Value | $502,459 |
Housing Distribution
Address Breakdown
Residential
1,117
Single Family
1,117
Multi-Family
0
Businesses
40
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Listed by: DIMA HOLMES • WINTERGREEN REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #660097