351 Ridgeview RdGoreVA22637
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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 Gore at 351 Ridgeview Rd, Gore, VA, 22637 listed at $369,000 pairs $2,159/mo rent with a $1,806/mo payment. Total monthly income runs $2,159/mo. Return on cash invested measures 19.45% in year one, and rental yield registers 7.02% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 100.14% and total cumulative return in cash totals $122,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22637, Gore, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 776 (79.5%) |
| Renter Occupied HU | 118 (12.1%) |
| Vacant Housing Units | 82 ( 8.4%) |
| Median Home Value | $449,107 |
| Average Home Value | $456,285 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
44
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