3744 & 3758 Monacan Trail RdNorth GardenVA22959
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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 North Garden at 3744 & 3758 Monacan Trail Rd, North Garden, VA, 22959 generates $2,100/mo in rent and, after a $697/mo payment, leaves $1,249/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $14,983/yr on $47,239 invested. Return on cash invested sits at 51.63% in year one, and rental yield is 17.68% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 272.71% and total cumulative return in cash sums $128,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22959, North Garden, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 878 (100%) |
| Owner Occupied HU | 597 (68.0%) |
| Renter Occupied HU | 168 (19.1%) |
| Vacant Housing Units | 113 (12.9%) |
| Median Home Value | $737,939 |
| Average Home Value | $832,111 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
750
Multi-Family
0
Businesses
50
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Listed by: MAURICE COVINGTON • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #665857