37 Oak Grove LnNellysfordVA22958
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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
Rental property for sale in Nellysford at 37 Oak Grove Ln, Nellysford, VA, 22958 priced at $306,000 pairs $2,754/mo rent with $925/mo cash flow after a $1,498/mo payment. Total monthly income equals $2,754/mo, and annual cash flow comes to $11,094/yr on $101,439 invested. Return on cash invested is 30.85% in year one, and rental yield stands at 10.8% on a $306,000 basis. Equity gained on principal adds $1,975/yr, and 5% annual appreciation accumulates to $84,542 by year five. Five-year ROI measures 161.22% and total cumulative return in cash reaches $163,536. For financing, Ziffy Mortgage’s DSCR program evaluates $2,754/mo property income against a $1,498/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22958, Nellysford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,032 (100%) |
| Owner Occupied HU | 718 (69.6%) |
| Renter Occupied HU | 111 (10.8%) |
| Vacant Housing Units | 203 (19.7%) |
| Median Home Value | $554,545 |
| Average Home Value | $644,460 |
Housing Distribution
Address Breakdown
Residential
984
Single Family
984
Multi-Family
0
Businesses
111
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Listed by: PHYLLIS MEADOR • 1ST CHOICE REAL ESTATE
Mls Name: CAAR
Mls ID: #667883