3368 Scenic Hwy, Mount Solon, VA, 22843 | 7.16% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3368 Scenic Hwy, Mount Solon, VA, 22843 | 7.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2112 sft

82 Smoky Row Rd, Staunton, VA, 24401

3 Bed
3 Bath
1878 sft

55 McIlwee Ln, Staunton, VA, 24401

3 Bed
3 Bath
2160 sft

112 Guernsey Ln, Staunton, VA, 24401

3 Bed
2 Bath
1827 sft

346 Buffalo Gap Hwy, Churchville, VA, 24421

Nearby investment properties with comparable prices

3 Bed
3 Bath
3146 sft

165 Blair Hill Ln, Staunton, VA, 24401

4 Bed
3 Bath
2772 sft

2064 Churchville Ave, Staunton, VA, 24401

- Bed
- Bath
- sft

63 McIlwee Ln #45EL00, Staunton, VA, 24401

4 Bed
2 Bath
1698 sft

263 Heather Ln, Staunton, VA, 24401

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Mount Solon at 3368 Scenic Hwy, Mount Solon, VA, 22843 listed at $479,900 pairs $2,863/mo rent with a $2,349/mo payment. Total monthly income runs $2,863/mo. Return on cash invested measures 19.86% in year one, and rental yield registers 7.16% at a $479,900 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,588 by year five. Five-year ROI tracks 102.34% and total cumulative return in cash totals $162,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,863/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1936

6.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Inground Pool and Mortgage Rate Buydown Offer*! Come Home to this 4 Bedroom / 1 Full Bathroom / 1 Half Bathroom Sears and Robuck Craftsman Design on 6.46 Acres! Features abound in the home that takes you back to the time period where you could order your home from a catalogue. See attached history of the Sears Homes. Offering 4 bedrooms and 1 full and 1 half bathrooms, hardwood floors, three fireplaces and updated Kithcen. Enjoy first floor bedrooms, a large enclosed porch with fireplace, seperate living room and family room. Second floor includes 2 bedrooms and extra space that could be changed into additional living space with outside entrance. Enjoy outdoor living with large pool that has been freshly painted, over 6 acres of gently rolling land, and detached garage that could be used for hobby, rental or let your imagination explore the options. Don't miss this opportuinity! *Ask for details.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22843, Mount Solon, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,070 (100%)
Owner Occupied HU	823 (76.9%)
Renter Occupied HU	146 (13.6%)
Vacant Housing Units	101 ( 9.4%)
Median Home Value	$329,401
Average Home Value	$389,341