342 Millstone RdWoodlawnVA24381
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
Investment property for sale in Woodlawn at 342 Millstone Rd, Woodlawn, VA, 24381 offers a 4.78% rental yield on a $389,900 purchase with $1,553/mo rent. 69% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 63.87% and total cumulative return in cash at $82,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,553/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
17.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24381, Woodlawn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,343 (66.2%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 349 (17.2%) |
| Median Home Value | $165,189 |
| Average Home Value | $202,608 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Goad • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #94164
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.