406 Three Leagues RdMcgaheysvilleVA22840
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
Investment Highlights
Investment property for sale in Mcgaheysville at 406 Three Leagues Rd, Mcgaheysville, VA, 22840 offers a 7.1% rental yield on a $469,900 purchase with $2,780/mo rent. 69% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 101.35% and total cumulative return in cash at $157,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,780/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,515 (53.9%) |
| Renter Occupied HU | 278 ( 9.9%) |
| Vacant Housing Units | 1,020 (36.3%) |
| Median Home Value | $408,333 |
| Average Home Value | $448,274 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Martin • Kline May Realty
Mls Name: CAAR
Mls ID: #668004