4064 Clarks Ferry RdDraperVA24324
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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 Draper at 4064 Clarks Ferry Rd, Draper, VA, 24324 generates $1,852/mo in rent, after a $2,442/mo payment. Total monthly income is $1,852/mo. Return on cash invested sits at 11.71% in year one, and rental yield is 4.45% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 58.59% and total cumulative return in cash sums $96,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,852/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24324, Draper, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 692 (67.8%) |
| Renter Occupied HU | 142 (13.9%) |
| Vacant Housing Units | 186 (18.2%) |
| Median Home Value | $229,861 |
| Average Home Value | $330,647 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
32
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Listed by: Kathy Hight • Mabry & Cox REALTORS
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #425137
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.