379 High Point RdMonetaVA24121
Nearby investment properties with comparable rents
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 Moneta at 379 High Point Rd, Moneta, VA, 24121 priced at $379,999 pairs $2,278/mo rent with $6/mo cash flow after a $1,860/mo payment. Total monthly income equals $2,278/mo, and annual cash flow comes to $76/yr on $125,970 invested. Return on cash invested is 19.97% in year one, and rental yield stands at 7.19% on a $379,999 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 102.91% and total cumulative return in cash reaches $129,636. For financing, Ziffy Mortgage’s DSCR program evaluates $2,278/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24121, Moneta, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,805 (100%) |
| Owner Occupied HU | 4,423 (56.7%) |
| Renter Occupied HU | 643 ( 8.2%) |
| Vacant Housing Units | 2,739 (35.1%) |
| Median Home Value | $493,149 |
| Average Home Value | $589,306 |
Housing Distribution
Address Breakdown
Residential
6,195
Single Family
6,011
Multi-Family
184
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices