359 Long Point LnToppingVA23169
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.04% gross rental yield, 359 Long Point Ln, Topping, VA, 23169 in Topping is priced for capital growth, not immediate cash flow. The $465,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $128,471 by year five, with $4,283/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.93) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $122,778.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(826) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,954 |
| Total Monthly Debt Service | $2,595 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23169, Topping, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 458 (56.2%) |
| Renter Occupied HU | 85 (10.4%) |
| Vacant Housing Units | 272 (33.4%) |
| Median Home Value | $316,495 |
| Average Home Value | $370,289 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
34
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
Single Family
Built in 1984
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23169, Topping, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 458 (56.2%) |
| Renter Occupied HU | 85 (10.4%) |
| Vacant Housing Units | 272 (33.4%) |
| Median Home Value | $316,495 |
| Average Home Value | $370,289 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Powers • Longest & Daniels REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2418519
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.