3869 Leigh Mountain RdGreen BayVA23942
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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 Green Bay at 3869 Leigh Mountain Rd, Green Bay, VA, 23942 generates $2,049/mo in rent and, after a $1,419/mo payment, leaves $316/mo in cash flow. Total monthly income is $2,049/mo, and annual cash flow is $3,791/yr on $96,102 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 8.48% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash sums $118,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,049/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23942, Green Bay, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 316 (61.7%) |
| Renter Occupied HU | 114 (22.3%) |
| Vacant Housing Units | 82 (16.0%) |
| Median Home Value | $248,980 |
| Average Home Value | $418,022 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
11
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Listed by: Larry D Atkins • State Wide Realty Company
Mls Name: LMLS
Mls Provider:
Mls ID: #355495
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.