33 Canal RdFarnhamVA22460
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
Rental property for sale in Farnham at 33 Canal Rd, Farnham, VA, 22460 priced at $200,000 pairs $1,368/mo rent with $172/mo cash flow after a $979/mo payment. Total monthly income equals $1,368/mo, and annual cash flow comes to $2,068/yr on $66,300 invested. Return on cash invested is 23.03% in year one, and rental yield stands at 8.21% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 119.34% and total cumulative return in cash reaches $79,124. For financing, Ziffy Mortgage’s DSCR program evaluates $1,368/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22460, Farnham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 585 (53.7%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 316 (29.0%) |
| Median Home Value | $266,593 |
| Average Home Value | $311,872 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
16
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