349 Morris LnShacklefordsVA23156
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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 Shacklefords at 349 Morris Ln, Shacklefords, VA, 23156 with 5% annual appreciation on a $239,950 basis while $2,320/mo rent supports operations. Total monthly income totals $2,320/mo and a $1,174/mo payment preserves $886/mo for cash returns. Annual cash flow comes to $10,633/yr on $79,543 deployed, and return on cash invested reaches 33.28% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,294 alongside rental yield of 11.6%. Five-year ROI measures 174.29% and total cumulative return in cash totals $138,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,320/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23156, Shacklefords, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 575 (67.6%) |
| Renter Occupied HU | 122 (14.4%) |
| Vacant Housing Units | 153 (18.0%) |
| Median Home Value | $254,268 |
| Average Home Value | $277,261 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
51
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Listed by: Adam Carpenter • NextHome Advantage
Mls Name: CVRMLS
Mls ID: #2528240