368 Valley End RdAraratVA24053
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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 Ararat at 368 Valley End Rd, Ararat, VA, 24053 priced at $399,000 pairs $840/mo rent with after a $1,953/mo payment. Total monthly income equals $840/mo. Return on cash invested is 5.89% in year one, and rental yield stands at 2.53% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 27.38% and total cumulative return in cash reaches $36,218. For financing, Ziffy Mortgage’s DSCR program evaluates $840/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
45.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24053, Ararat, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,303 (100%) |
| Owner Occupied HU | 786 (60.3%) |
| Renter Occupied HU | 244 (18.7%) |
| Vacant Housing Units | 273 (21.0%) |
| Median Home Value | $174,167 |
| Average Home Value | $239,253 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
1,099
Multi-Family
0
Businesses
36
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