3975 James Madison HwyFork UnionVA23055
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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 Fork Union at 3975 James Madison Hwy, Fork Union, VA, 23055 offers $1,139/mo rent that, after a $734/mo payment, leaves $243/mo cash flow. Total monthly income is $1,139/mo, and annual cash flow is $2,911/yr on $49,692 cash. Return on cash invested measures 25.77% in year one, and rental yield stands at 9.12% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 134.02% and total cumulative return in cash reaches $66,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,139/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23055, Fork Union, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 65 (16.9%) |
| Vacant Housing Units | 50 (13.0%) |
| Median Home Value | $278,797 |
| Average Home Value | $304,164 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
58
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Listed by: TREY DURHAM • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #669997