








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Stuarts Draft at 378 Forest Springs Dr, Stuarts Draft, VA, 24477 offers $2,308/mo rent that, after a $1,591/mo payment, leaves $365/mo cash flow. Total monthly income is $2,308/mo, and annual cash flow is $4,379/yr on $107,738 cash. Return on cash invested measures 23.97% in year one, and rental yield stands at 8.52% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 124.35% and total cumulative return in cash reaches $133,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,308/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: PERSINGER REAL ESTATE GROUP TEAM • REAL BROKER LLC
Mls Name: CAAR
Mls ID: #671073