3869 Leigh Mountain RdGreen BayVA23942
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3869 Leigh Mountain Rd, Green Bay, VA, 23942 in Green Bay is a solid income-producing rental, 8.48% gross yield, $2,049/mo rent, $316/mo net cash flow on a $289,900 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $80,094 and $2,670/yr in principal reduction project a total cumulative return of $129,972.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $316 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,049 |
| Total Monthly Debt Service | $1,618 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.