36 Canaan StLurayVA22835
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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 Luray at 36 Canaan St, Luray, VA, 22835 offers a 8.39% rental yield on a $389,900 purchase with $2,725/mo rent. Total monthly income registers $2,725/mo, and a $1,908/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,735/yr on $129,252 to close, and return on cash invested stands at 23.57% 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 122.21% and total cumulative return in cash at $157,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,725/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 1983
0.44 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22835, Luray, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,019 (100%) |
| Owner Occupied HU | 3,628 (60.3%) |
| Renter Occupied HU | 1,352 (22.5%) |
| Vacant Housing Units | 1,039 (17.3%) |
| Median Home Value | $279,664 |
| Average Home Value | $327,532 |
Housing Distribution
Address Breakdown
Residential
5,635
Single Family
5,484
Multi-Family
151
Businesses
484
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