383 Meriwether DrClarksvilleVA23927
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 Clarksville at 383 Meriwether Dr, Clarksville, VA, 23927 priced at $300,000 pairs $2,884/mo rent with $1,091/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,884/mo, and annual cash flow comes to $13,092/yr on $99,450 invested. Return on cash invested is 33.07% in year one, and rental yield stands at 11.54% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 173.14% and total cumulative return in cash reaches $172,188. For financing, Ziffy Mortgage’s DSCR program evaluates $2,884/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23927, Clarksville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,539 (100%) |
| Owner Occupied HU | 1,613 (45.6%) |
| Renter Occupied HU | 504 (14.2%) |
| Vacant Housing Units | 1,422 (40.2%) |
| Median Home Value | $311,316 |
| Average Home Value | $370,203 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,488
Multi-Family
0
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Horace Webster Jr. • United Country Virginia Realty
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71603