3665 Virginia Rail DrProvidence 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
Rental property for sale in Providence Forge at 3665 Virginia Rail Dr, Providence Forge, VA, 23140 generates $3,630/mo in rent and, after a $2,198/mo payment, leaves $946/mo in cash flow. Total monthly income is $3,630/mo, and annual cash flow is $11,347/yr on $148,844 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 9.7% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 143.46% and total cumulative return in cash sums $213,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,630/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.47 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: Cheri Mulhare • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10609050