3313 Circle Creek RdPenhookVA24137
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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 Penhook at 3313 Circle Creek Rd, Penhook, VA, 24137 with 5% annual appreciation on a $199,900 basis while $1,583/mo rent supports operations. Total monthly income totals $1,583/mo and a $978/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,661/yr on $66,267 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.5%. Five-year ROI measures 140.32% and total cumulative return in cash totals $92,989.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,583/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24137, Penhook, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 978 (45.6%) |
| Renter Occupied HU | 153 ( 7.1%) |
| Vacant Housing Units | 1,013 (47.2%) |
| Median Home Value | $324,242 |
| Average Home Value | $469,836 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,482
Multi-Family
0
Businesses
46
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Listed by: Pamela Kaye Gabriel • RE/MAX LAKEFRONT REALTY INC
Mls Name: RVAR
Mls Provider:
Mls ID: #911787
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