3229 Morgans Mill RdGoodviewVA24095
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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
Total monthly income runs $2,707/mo, and a $2,986/mo payment. Purchase price stands at $610,000, and rental yield measures 5.33% with $2,707/mo rent. Return on cash invested shows 14.44% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 73.22% and total cumulative return in cash records $146,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,707/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24095, Goodview, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,571 (71.8%) |
| Renter Occupied HU | 261 (11.9%) |
| Vacant Housing Units | 357 (16.3%) |
| Median Home Value | $371,732 |
| Average Home Value | $436,221 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
2,010
Multi-Family
0
Businesses
46
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Listed by: JANICE JACKSON • WAINWRIGHT & CO., REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #917066
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