3440 Red Tail CtProvidence ForgeVA23140
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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 Providence Forge at 3440 Red Tail Ct, Providence Forge, VA, 23140 listed at $649,950 pairs $4,333/mo rent with a $3,181/mo payment to leave $448/mo cash flow. Total monthly income runs $4,333/mo, and annual cash flow reaches $5,375/yr on $213,834 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8% at a $649,950 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,569 by year five. Five-year ROI tracks 116.82% and total cumulative return in cash totals $249,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,333/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
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Listed by: Beth Baldwin • Virginia Capital Realty
Mls Name: CVRMLS
Mls ID: #2527711