3677 Ledge Rock RdDraperVA24324
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
Investment Highlights
Investment property for sale in Draper at 3677 Ledge Rock Rd, Draper, VA, 24324 listed at $289,000 pairs $1,159/mo rent with a $1,415/mo payment. Total monthly income runs $1,159/mo. Return on cash invested measures 12.78% in year one, and rental yield registers 4.81% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 64.35% and total cumulative return in cash totals $61,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,159/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24324, Draper, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 692 (67.8%) |
| Renter Occupied HU | 142 (13.9%) |
| Vacant Housing Units | 186 (18.2%) |
| Median Home Value | $229,861 |
| Average Home Value | $330,647 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ed Cox • Mabry & Cox REALTORS
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.