374 Dillons Fork RdFieldaleVA24089
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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 Fieldale at 374 Dillons Fork Rd, Fieldale, VA, 24089 priced at $199,000 pairs $1,879/mo rent with $689/mo cash flow after a $974/mo payment. Total monthly income equals $1,879/mo, and annual cash flow comes to $8,273/yr on $65,969 invested. Return on cash invested is 32.45% in year one, and rental yield stands at 11.33% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 169.85% and total cumulative return in cash reaches $112,050. For financing, Ziffy Mortgage’s DSCR program evaluates $1,879/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24089, Fieldale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 768 (63.1%) |
| Renter Occupied HU | 281 (23.1%) |
| Vacant Housing Units | 169 (13.9%) |
| Median Home Value | $97,458 |
| Average Home Value | $150,130 |
Housing Distribution
Address Breakdown
Residential
1,046
Single Family
1,023
Multi-Family
23
Businesses
60
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Listed by: Johnny Lambert • United Country Lambert Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #97608
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.