385 Lead Mine RdSugar GroveVA24375
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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
Investment property for sale in Sugar Grove at 385 Lead Mine Rd, Sugar Grove, VA, 24375 with 5% annual appreciation on a $279,000 basis while $0/mo rent supports operations. 74% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2013
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24375, Sugar Grove, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 475 (50.3%) |
| Renter Occupied HU | 144 (15.2%) |
| Vacant Housing Units | 326 (34.5%) |
| Median Home Value | $128,472 |
| Average Home Value | $176,358 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
27
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Listed by: Joe Robinson • Highlands Realty, Inc. Marion
Mls Name: SWVAR
Mls Provider:
Mls ID: #100353
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