331 Stoney Point RdCumberlandVA23040
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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 Cumberland at 331 Stoney Point Rd, Cumberland, VA, 23040 generates $1,219/mo in rent and, after a $979/mo payment, leaves $23/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $281/yr on $66,283 invested. Return on cash invested sits at 20.33% in year one, and rental yield is 7.32% on a $199,950 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,243 over five years. Five-year ROI reaches 104.9% and total cumulative return in cash sums $69,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23040, Cumberland, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,222 (100%) |
| Owner Occupied HU | 1,489 (67.0%) |
| Renter Occupied HU | 422 (19.0%) |
| Vacant Housing Units | 311 (14.0%) |
| Median Home Value | $237,573 |
| Average Home Value | $288,284 |
Housing Distribution
Address Breakdown
Residential
2,120
Single Family
2,120
Multi-Family
0
Businesses
124
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Listed by: Jimmy Ransone • Country Roads Realty LLC
Mls Name: CVRMLS
Mls ID: #2532507