39 Lanecrest DrCanaVA24317
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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 Cana at 39 Lanecrest Dr, Cana, VA, 24317 earns $350/mo cash flow from $1,435/mo rent with a $888/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $4,204/yr on $60,167 capital. ROI tracks 26.9% on current figures, and rental yield reads 9.49% at a $181,500 purchase. Equity gained on principal adds $1,171/yr, and 5% annual appreciation supports $50,145 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash sums $84,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your personal income.
Single Family
Built in 1970
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24317, Cana, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,988 (100%) |
| Owner Occupied HU | 1,277 (64.2%) |
| Renter Occupied HU | 338 (17.0%) |
| Vacant Housing Units | 373 (18.8%) |
| Median Home Value | $142,663 |
| Average Home Value | $201,498 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
94
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Listed by: Sandra Worrell • Primm Real Estate Firm, LLC
Mls Name: SWVAR
Mls Provider:
Mls ID: #99299
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.