37 Auburn DrGrottoesVA24441
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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 Grottoes at 37 Auburn Dr, Grottoes, VA, 24441 earns $358/mo cash flow from $2,539/mo rent with a $1,786/mo payment. Total monthly income totals $2,539/mo, and annual cash flow totals $4,291/yr on $120,998 capital. ROI tracks 23.46% on current figures, and rental yield reads 8.35% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $147,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,539/mo property income instead of your personal income.
Single Family
Built in 1996
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24441, Grottoes, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,967 (100%) |
| Owner Occupied HU | 2,196 (74.0%) |
| Renter Occupied HU | 603 (20.3%) |
| Vacant Housing Units | 168 ( 5.7%) |
| Median Home Value | $288,621 |
| Average Home Value | $358,472 |
Housing Distribution
Address Breakdown
Residential
2,771
Single Family
2,771
Multi-Family
0
Businesses
95
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